Recent developments within the energy efficiency market offer new and innovative solutions to finance energy efficiency business models implemented by Energy Services Companies (ESCOs), focused on the renovation of existing infrastructure to be repaid totally or partly through energy savings. These solutions support ESCOs in accessing finance, which is usually a major obstacle for small and medium-sized ESCOs with a limited balance sheet. Depending on project sizes and clients, different financing mechanisms and schemes can be used: working capital loans, leasing, sales of receivables, special-purpose vehicles or dedicated financial instruments.
This webinar will showcase the most relevant examples of ESCO project financing solutions being offered or developed by banks, funds or specialised investment structures on the energy efficiency market.
This event is organised as part of the Sustainable Energy Investment Forums contract, funded under the EU Horizon 2020 programme and managed by the European Climate, Infrastructure and Environment Executive Agency (CINEA).
The presentations are available for download on the dedicated page in CIRCABC. The video recording is available on YouTube.
Related links
- financing
- Thursday 6 July 2023, 11:00 - 13:00 (CEST)
Programme
- 6 Jul 2023, 11:00 - 13:00 (CEST)Agenda
11:00 - Opening remarks
Adrien Bullier, Senior Project Adviser, CINEA, European Commission
11:05 - Overview of best practices and key trends in ESCO project financing
Jean-François Marchand, Senior Partner, Energinvest
11:15 - Standardising project documentation for ESCO projects: the online platform of the Sustainable Energy Finance Association
Michael Pachlatko, European Director, Joule Assets
11:40 - The Solas Sustainable Energy Fund: a specialized investment fund to provide project financing solutions to Energy-as-a-Service-Markets and ESCOs as aggregators of energy efficiency projects.
Paul Kearney, CFA, Solas Capital AG
12:05 - The Belfius Energy Efficiency Package: key learnings from indirect bank financing, channelled through ESCOs
Joost Declerck, Promotor Energy Efficiency, Belfius Bank
12:30 - Energy efficiency as a service: the EaaS initiative
Livia Miethke, Senior Sustainable Energy Finance Specialist, Basel Agency for Sustainable Energy
12:55 - Closing remarks
Adrien Bullier, Senior Project Adviser, CINEA, European Commission
Practical information
- When
- Thursday 6 July 2023, 11:00 - 13:00 (CEST)
- Languages
- English