EEEF: Fondo Europeo per l'Efficienza Energetica | CDP

European Energy Efficiency Fund (EEEF)

Promoted by CDP, EIB and Deutsche Bank in cooperation with the European Commission, the fund promotes investment in energy saving initiatives and in the development of alternative energy sources

Through Cassa depositi e prestiti, Italy is a sponsor, together with the European Commission and the European Investment Bank, of the new European Energy Efficiency Fund (EEEF), an initiative set up under the European Energy Programme for Recovery (EEPR).

The main areas of focus for the EEEF are energy efficiency projects for buildings and infrastructure across European territory, the development of low-consumption technologies (e.g., high-efficiency combined heat and power production, smart grids, and microgeneration from renewables), and the creation of clean urban transport networks.

A total of €265 million has been provided by the fund’s sponsors: €125 million from the European Commission, €75 million from the EIB, €60 million from CDP, and €5 million from Deutsche Bank AG, the designated fund manager.

The main beneficiaries of the initiative are local authorities, enterprises in the utilities and energy services sector and public transport providers.

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