PROPEL

The financial sector does not consider energy efficiency an attractive investment. One way to increase energy efficiency financing is to standardise and benchmark. The EU-funded PROPEL project will create a holistic resource centre – the Sustainable Energy Finance Association (SEFA) – to develop, sell, contract and finance sustainable energy projects at the required scale in Europe. Specifically, it will build on the consortium’s significant ownership of a full range of necessary standardised financing collateral. PROPEL will focus on building and testing this new ecosystem in Belgium, Greece, Italy and the Netherlands, reaching out to more than 400 energy efficiency project developers (supply side), 50 end-client representatives (demand side), and 30 financiers (banks and financial funds).

Duration: 1 June 2021 - 30 November 2023