Cities - 07/July/2017

Circular funding of energy savings

The value of energy-saving improvements at a shopping mall is sufficient to pay back the loan from the contractor that carried out the work and financed it

To finance and get energy savings underway, Energy Service Companies (ESCOs) are widely promoted by the European Commission, the European Investment Bank and the IEA. The primary business of ESCOs is to deliver energy efficiency solutions. One company that has taken the promotion of ESCOs to heart is German industrial giant Siemens. Through Siemens Financial Services (SFS) the company is helping its customers finance energy efficiency projects. ...

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