PROSPECT+ replication webinar on innovative financing

There are many innovative financing instruments public authorities can use to speed up their energy transition. Because choosing the right option may be challenging at first, three PROSPECT+ mentors from Croatia, France and Slovenia will share their experience on Energy Performance Contracting, Crowdinvesting and microloans for energy communities, and Internal contracting for the creation of energy savings funds.

Sanela Mikulčić Šantić, Cooperative Manager and Co-founder at KLIK energetska zadruga, in our member city of Krizevci (Croatia), will introduce a crowd-investing project that allowed to mobilise funds for a photovoltaic installation on a municipal development centre. The town raised 54,000€ from 93 citizens offering a 4.5% interest rate. This project not only demonstrated financial viability but also sparked the formation of a local cooperative, and tested a model that had not been addressed in the national regulations.

Sandrine Deternay, Head of Finance in our member city of Albertville (France), will share insights into the city’s approach to sufficiency and energy savings, emphasizing actionable steps and internal fund rotation to finance energy-saving measures. In Albertville, this strategy led to increased innovation capacity within the city’s departments, enabling larger-scale projects.

Vlasta Krmelj, Director at Energy and Climate Agency of Podravje (Maribor, Slovenia) will explain how the Municipality of Maribor refurbished 24 public buildings using EPC, which in 2019 was the largest energy renovation project in the region. The project cost 12 million euros and resulted in annual reduction of energy consumption by 5,952 MWh, spending on energy by 446,000€, maintenance costs by 28,500€ and CO2 emissions by 1,305 tonnes. Maribor has also successfully used EPC to modernize the public lighting system.

Join us on the 28th of February 2024 from 10.00 to 12.00 to discuss with these PROSPECT+ mentors and learn tips that will help you prepare successful projects and avoid mistakes!

You will also have an opportunity to learn more about the current and last call for joining the PROSPECT+ capacity-building programme.