EIB KIDS FUND ENERGY EFFICIENCY FACILITY Dipl.eng. Sevdalina Dzhabarska Independent Energy Expert Of...

EIB KIDS FUND ENERGY EFFICIENCY FACILITY

Dipl.eng. Sevdalina Dzhabarska Independent Energy Expert Of

European Investment Bank

Republic of BulgariaMinistry of energetic and economic

National information day “Intelligent Energy– Europe 2008”

Purpose of the Facility:Purpose of the Facility:

•Promoted by the „Kozloduy International Decomissioning Fund“ („KIDS F“) to support the financing of energy efficiency/renewable energy schemes of Bulgarian Municipalities and other Public or Private Sector Promoters.

•The EIB uses part of its global loan to intermediary banks for on-lending under the Facility.

•KIDS F provides in parallel grants to EIB intermediaries, eligible Promoters and for consultancy services.

Република България Министерство на икономиката и енергетиката


KIDS FGrants

+

Financing

KIDS F Energy Efficiency

Facility

Flow of funds – overview:Flow of funds – overview:



EIB Global Loan

Bulgarian bank

Energy Efficiency schemes of public (and private) sector promoters

Independent Energy Expert

Ministry of Energy & Economy

Energy Efficiency Agency

KIDSF grants

ESCO

Eligible Sub-Projects:Eligible Sub-Projects:



Type: Financially sound projects which support the purpose of the Facility (mainly energy efficiency improvements)

Cost: EUR 40,000 - EUR 25,000,000Location: BulgariaSector: Energy Efficiency(+renewable energy projects)

Energy Savings / Energy Efficiency in Buildings

Small Scale Co-Generation of Heat and Power

Wind Power

Power Distribution

Natural Gas Distribution

Solar energy: Photovoltaic and Thermal Solar Panels

Hydro-Electric Plants

Geo-Thermal

District Heating

Grants from the KIDS Fund:Grants from the KIDS Fund:Grant for the Promoter („Completion Fee“):

20% of EIB sub-loan for energy efficiency projects in the Public Sector;7.5% of EIB sub-loan for energy efficiency projects in the Private Sector;20% of EIB sub-loan for renewable energy schemes.

Grant for the Participating Bank:3% of EIB sub-loan for project completion („Completion Fee“);2% of EIB sub-loan for project preparation („Administration Fee“), if the Participating Bank prepares the Project Plan with own resources.

Grant for Project Preparation (if not carried out by the Participating Bank): 2.5% of EIB sub-loan, if carried out by an external consultant. The external consultant may be selected by (i) the Participating Bank or (ii) the EIB.

Payment of the Independent Energy Expert (tendered by EIB)



Grant for the Promoter – Completion Fee:Grant for the Promoter – Completion Fee:

Amounts20% of EIB sub-loan for energy efficiency projects in the Public Sector;7.5% of EIB sub-loan for energy efficiency projects in the Private Sector;20% of EIB sub-loan for renewable energy schemes.

Payment of the Grantif project is validated by the Independent Energy Expert2x per year in arrears

Transfer of the Grant through Participating Bank

Participating Bank shall use the grant to partially prepay the outstanding amount



Структура на Програмата :Структура на Програмата :



Participating banks: DSK Bank EAD Participating banks: DSK Bank EAD

Kamen Kirilov Head of Project Finance Section Project and Structured Finance Dept.Phone: +359 (2) 9391 649Fax: +359 (2) 986 7874E-mail: [email protected], Kaloyan Street, 1000 Sofia



Ms. Vassia Vanovska 18/20 Gogol Street, 1504 Sofia, BulgariaRaiffeisen bank (Bulgaria) EADTel. 00359 2 91985 685 Fax: 00359 2 9434 528e-mail: [email protected]



Participating banks: Raiffeisenbank BulgariaParticipating banks: Raiffeisenbank Bulgaria

Rumiana PavlovaSection Manager Public FinanceInstitutions and European Competence CentreUnicredit Bulbank AD1, Ivan Vazov Str.1026 Sofia, BulgariaTel.: +359 2 9269 353Fax: +359 2 9269 425E-mail: [email protected]



Participating banks: Unicredit BulbankParticipating banks: Unicredit Bulbank



Hrisimira MalchevaSector manager Products and programs development for SMEsCorporate Banking Dept.United Bulgarian Bank ADTel (+359 2) 811 2229Fax (+359 2) 811 2402E-mail: [email protected]

Participating banks: United Bulgarian BankParticipating banks: United Bulgarian Bank

Technical Assistance of Independent Energy Expert :Technical Assistance of Independent Energy Expert :

Project eligibility verification

Project planning

Project validation

For a IEE of the facility is awarded MWH-Italy and “Energy Saving” LLC



List of Contacts with Independent Energy Experts:

List of Contacts with Independent Energy Experts:



Marco Baldini (MWH Italy)Energy Department ProjectEngineer Tel.: +39.02.21084.373Fax: +39.02.26924275E-mail:[email protected]

Sergei Andreev (MWH Bulgaria)Senior EngineerTel.: +359.2.9819866Fax: +359.2.9815133E-mail: [email protected]

Sevdalina Dzhabarska (Energy Saving)General ManagerTel.: +359 2 920 37 42Tel.: +359 42 600 955E-mail:[email protected]: [email protected]

Alexandrina Boyanova (EIB)Tel. +352 4379 7118Fax: +352 4379 7290E-mail: [email protected]

Thank you for attention!

Sevdalina DzhabarskaGeneral Manager

“Energy Saving” LLC



EIB KIDS FUND ENERGY EFFICIENCY FACILITY Dipl.eng. Sevdalina Dzhabarska Independent Energy Expert Of...

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