In the ENERGATE Expert Talk at REHVA Brussels Summit, experts explored the challenges hindering building renovation financing and the significance of standardisation in achieving EU renovation objectives.

They delved into strategies to encourage financial institutions to embrace green investments. Low trust was identified as a barrier to funding, emphasising the need for collaborative efforts to build confidence in renovation initiatives. Standardisation emerged as a key tool to streamline processes and ensure quality, supporting the EU's ambitious renovation goals.

ENERGATE’s Smart Marketplace for Sustainable Investments was outlined as a platform that streamlines access to sustainable finance for renovation projects. It achieves this through matchmaking mechanisms and standardized presentations to potential investors. 

Csaba de Csiky, from the ENERGATE consortium, introduced the project, portraying it as a milestone initiative in energy project financing. He stressed the project’s ability to bridge the institutional investor gap by amalgamating assets from various developers within a standardised quality and legal contractual framework. The emphasis was placed on the importance of standardisation across multiple dimensions within the project. 

Furthermore, the advantages of employing standardised contracts were elucidated. These advantages include enabling contract multiplication and replication, providing off-balance sheet treatment, offering standardized flexibility for multipurpose use, and ultimately. The key conclusions drawn from the discussion were centered on the pivotal role of finance in scaling sustainable energy assets in both the EU’s Business-to-Consumer (B2C) and Business-to Business (B2B) markets. It was underscored that standardized contracts play a crucial role in facilitating scalability.

Interested in learning more?

Read our article that was published in the REHVA European HVAC Journal 

Vol 60, Issue:6 December 2023 www.rehva.eu