Project Financing 2008 - 2017 Print E-mail
The Romanian Energy Efficiency Fund project financing: current status (November 13th, 2017)

The Romanian Energy Efficiency Fund is a pole of national interest in the promotion of commercial financing of Rational Use of Energy (RUE) and Renewable Energy Sources (RES) projects.

Being similar with traditional actors from the Romanian banking sector, interested in supporting investment programs in different economic sectors, the Fund is strongly motivated to create its own financing niche by attracting potential beneficiaries and helping them in removing barriers in financing energy efficiency projects through Client-oriented professional services.

The Romanian Energy Efficiency Fund is currently administrating Financing Agreements amounting to US$ million 20.853. Details about the contracts are provided as it follows.

No.

Beneficiary

In force from

Investment/Case Study 

Loan (103 US$)

Annual Energy Savings
(toe/year)

Simple Payback
Time (years)

20

3Fan Construct S.R.L.

March 03, 2008

Modernization of brick manufacturing technology line

1,000

684*

6.1*

21

Omnimpex Hartia SA II Busteni

December 22, 2008

Modernization of micro hydro power unit for electricity generation for exclusively covering the electricity demand of Refinery Steaua Romana 260

0

4.3*

22

Electroprecizia S.A. Sacele

August 04, 2009

Sectorization and optimization of processed water and compressed air consumption in the production departments

203

148*

4.9*

23

Mociu Local Council

November 10, 2009

Modernization of public outdoor lighting system

172

43*

5.6*

24

Omnimpex Hartia SA III

March 01, 2010

Modernization of micro hydro power unit for electricity generation for exclusively covering the electricity demand of Refinery Steaua Romana

959

688*

4.6*

25

Tarna Mare Local Council

February 02, 2011

Modernization of public outdoor lighting system

173

69*

4.5*

26

Sortilemn SA Gherla

July 22, 2012

Installation of a co-generation system using biomass

500

-

-

27

Meir Energy Services

September 28, 2012

Co-generation and supply of heat and electric energy in ESCO/EPC regime for Institutul de Boli Infectioase “Prof. Dr. Matei Bals” Bucuresti

775

-

-

28

Zamora Estate SA

December 12, 2012

Efficient production and use of electricity and heat

70

32*

6.3*

29

Chimcomplex SA II Borzesti

February 23, 2014

Installation of a co-generation system

2,000

8,999*

2.7*

30

Merişani Local Council

May 16, 2014

Installation of a photovoltaic power plant connected to the public electric energy network

470

85*

7.2*

31

Valea Iasului Local Council

September 24, 2014

Installation of a photovoltaic power plant connected to the public electric energy network

457

70*

6.4*

32
Energy Serv S.R.L.
October 1, 2015
Increase of the electrical efficiency of the co-generation unit within Sortilemn S.A. Gherla, Cluj county
620
1,678*
4.8*
33Paulownia GreenE International S.R.L.
 November 19, 2015
Installation of a biomass gasification syngas fired co-generation plant integrated to the DH system within the Huedin municiaplity, Cluj county
1,995
1,006*
4.5*
34Cocu Local Council
December 21, 2015
Installation of a photovoltaic power plant connected to the public electric energy network300
80*6.2*
35
Cicanesti Local Council
April 03, 2017
Installation of a photovoltaic power plant connected to the public electric energy network104
29*
5.4*
36
Bustuchin Local Council
September 19, 2017
Installation of a photovoltaic power plant connected to the public electric energy network364
119*
5.7*
Last Updated ( 20 septembrie 2017 )
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