European Energy Efficiency Fund launched

Published on 4. July 2011., Uncategorized

 

The European Commission, the European Investment Bank (EIB), the Cassa Depositi e Prestiti (CDP) and Deutsche Bank announced the launch of the European Energy Efficiency Fund

(EEEF) in Brussels today. The EEEF aims to provide market-based financing for commercially viable public energy efficiency and renewable energy projects within the European Union.

The fund is the centrepiece of a new sustainable energy facility that the European Parliament and Council of Ministers agreed to launch using unspent funds from the European Energy Programme for Recovery for a new sustainable energy facility. It will support