Combined FI for ESCOs/Energy Performance Contracting
Тhe last topic covered during the workshop was related to the use of Energy Performance Contracting (EPC) and Energy Service Companies (ESCOs) to renovate public buildings. Robert Pernetta representing EIB advisory services provided detailed explanations on how EPC and grants can be combined in one or two operations, based on a factsheet published under fi-compass. In addition, the presentation covered concrete case studies of the use of EPCS in Slovenia, Italy and Czech Republic.
How to set up a combined FI and design a funding agreement: Case of Latvia
The morning session of the first day of the workshop was dedicated to the design of combined FI and the content of funding agreement with regards to the definition and management of the grant elements in combined FI.
Mr Aleksejs Kanejevs, representing the Latvian national promotional bank ALTUM, described the way the combined FI are managed by Altum in cooperation with commercial financial intermediaries and how this set up is translated into the funding agreement signed with the Managing Authority.
Grant and FI combination at final recipient level
Dr. Annamaria Kiss, Senior manager at Hungarian national promotional bank MFB and Dr. Mark Bato, representing the Hungarian National Development Centre, ESIF regulatory Department, then presented the structure and mechanics of the combined financial instruments MFB has started to deploy in the 2021-2027 programming period.
Future-proofing poultry farming in Greece
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As a third-generation poultry farmer, Petros Lisgaras successfully expanded his family business, making it more competitive in the poultry industry and future-proofing it for the next generation. Thanks to the investment from the EAFRD Guarantee, he built a modern facility that tripled production and ensured the sustainability of the family business for years to come.
EAFRD support to make cereal production become more resilient
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Antal Iustin Enterprise needed a solution to store their crops for a longer period of time. Through the financial instrument EAFRD Risk sharing loan provided by Raiffeisen Bank they were able to build 4 more silos, doubling their capacity and allowing them to sell at better market prices. Also, they transformed part of their cereal production into natural animal feed, creating an alternative income stream during the off-season. The flexible repayment schedule and subsidised interest rate from the bank allowed them to cope with seasonal fluctuations in crop production. Watch to learn more about their journey and the benefits of the EAFRD Risk Sharing Loan.
Vivai Roman: New avenues open for a family business
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Friuli Venezia Giulia's Revolving Fund supported Vivai Roman, a family-owned business, in expanding their restaurant capacity and starting the production of high-quality pork products. Running since 1996, Vivai Roman's philosophy is "small quantities but great taste." With a loan of €350 000, they were able to carry on their traditions while introducing innovations to achieve better results and become more profitable. Learn more about their journey and the impact of the Revolving Fund on their success.