Let´s build

Catalonia drives a platform to finance energy saving and efficiency projects, a booming value, as will be seen at the trade fair home | see all news

The Government of Catalonia is to promote an investment platform for energy saving and efficiency projects, two interesting areas which will have a high profile at MATELEC. The Catalan government’s initiative will facilitate energy services enterprises (ESE) with access to financing to boost their activities in both the public and private sectors.

The Catalan Institute of Energy (ICAEN), will contribute €8.3 million to this platform, which aims to invest a total of €340 million to fund direct investment in the transition toward the sustainable energy model.

The objective of the platform is to drive investment in energy saving and efficiency measures, in small renewable energy plants, and in the public and the private sectors through ESE. These companies implement energy saving measures to third parties, guaranteeing energy savings in terms of consumption and savings on fuel bills that, in some cases, exceed 30 %. The activities - which include investment and maintenance - are reimbursed according to the savings achieved.

There is great potential for investments in energy efficiency and small renewable energy installations in Catalonia and, in the area of government buildings and infrastructures, public administrations and industry, actions worth €460 million have been identified.