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EU EBRD Energy Finance Facilities in Romania

Submitted by Baerbel Epp on August 21, 2014

The European Bank for Reconstruction and Development (EBRD) runs Sustainable Energy Finance Facilities (SEFFs) in more than twenty countries. In Romania there are three of them granting private companies, housing associations and municipal enterprises favourable loans, grants and free technical consultancy for renewable energy solutions and energy efficiency measures. The EUR 80 million funded EU EBRD Energy Efficiency Finance Facility for Industrial End Users (EEFF), the EU EBRD Romania SME Sustainable Energy Finance Facility for SMEs (RoSEFF) funded with EUR 60 million and the EU EBRD Municipal Finance Facility – Energy Efficiency (MFFEE) with a budget of EUR 10 million. They all include solar thermal systems in their scope of eligible technologies (see further details in the news).

Country / Region

Romania

Name of programme

Sustainable Energy Finance Facilities EEFF, RoSEFF & MFFEE

Type of incentive

Low-interest loans and grants for energy efficiency and renewable energy projects

Eligible technologies

Almost any kind of energy efficiency measures and renewable energy installations like solar thermal energy facilities

Applicable sectors

EEFF – Production companies
RoSEFF - Small and medium-sized enterprises (up to 250 employees and a turnover of EUR 50 million), housing associations and Energy Service Companies (Escos)
MFFEE – Municipal institutions and enterprises

Amount

EEFF – Up to EUR 2.5 million
RoSEFF - Minimum EUR 25,000, the maximum RoSEFF credit for small-scale and simple investments is EUR 250,000, for big and complex investments  EUR 1 million.
MFFEE – not fixed

Maximum incentive

EU grants of up to 15% of the eligible costs

Requirements for system

According to the list of eligible measures and equipment (LEME)

Requirements for installation

Not specified

Finance provider

Banca Comerciala Romana (BCR)
BRD Groupe Societe Generale (BRD)
Banca Transilvania (BT)
Unicredit Tiriac Bank (Unicredit)

Total funds

EEFF – EUR 80 million
RoSEFF - EUR 60 million
MFFEE – EUR 10 million

Funding sources

European Bank für Reconstruction and Development (EBRD) for loans / European Union (EU) for grants

Effective date

Since 2009

Expiration date

Not specified

Website

www.eeff.ro
www.seff.ro

Last review of this tabloid

July 2014

Contact

EEFF Information Service
Tractebel Engineering
EU/EBRD Energy Efficiency Finance Facility Office
Str. Alexandru Constantinescu 6
Bucharest
Romania
Ana-Maria Ivan
0040/ 31 224 8104
eeff@eeff.ro

 

Effective Date: 
January 1, 2011
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