EU NEXT STEPS

The SFTE project now calls for the rallying of all stakeholders, especially from European and MS public authorities.

Public buildings to be selected as a quality investment programme for the EU
Creation of a dedicated task-force by the Commission; technical assistance programmes to MSs
Creation of a European knowledge-sharing platform: observatory network on energy expenses, renovations, EPCs, costs/savings, RFPs, energy-efficiency techniques, etc.
Fine-tuning of the Eurostat methodology to enable an accurate treatment of PPP-EPCs
Specific business plan and creation of the SFTE: bylaws, analysis of existing national state-guarantee mechanisms, potential shareholders, governance, team, regulator approval, etc.
EIB intervention and balance sheet optimisation: loans, equity (SFTE and/or SPVs), expertise, etc.
Calibration and assessment of the intrinsic risk profile of operations: National Central Banks & ECB

National public building guidance and appraisal strategy, and strengthening of public project development capacity
Massive pipeline of projects selected and budgeted by national and local authorities, based on consumption track-records
Project implementation (PPP tenders); and evaluation and audit of projects (especially in EPCs)

Ramp-up of operations, productivity gains and development of a European industry
Securitisation Funds pooling medium-sized energy efficiency projects for investors