The BUILDING ENERGY EFFICIENCY FACILITIES or BEEFs are funds created to facilitate long-term investments necessary for multifamily building and public building renovation projects.
The Building Energy Efficiency Funds function based on a set of Guidelines that make sure that the Service Providers have done their construction work properly, reaching the energy savings stated in the Energy Performance Contract (EPC).
Once it is shown that a renovation project meets the highest energy efficiency standards, at the same time providing to owners safety, health and comfort guarantees for 20 years, the fund purchases future revenue from the Service Provider. Consequently, the owners can pay for the renovation during a longer period – 20 years – using the energy savings to cover the costs. Meanwhile, the Service Provider can work further on next building comprehensive renovation project.
The BEEF forfaiting Guidelines and online platform ensure public and transparent financing process, where all interested parties are taken into account.
If you would likea demo of the sunshine platform, contact us at info@fcubed.eu.
The LABEEF fund is financed by private investors and the development banks, such as the European Bank for Reconstruction and Development (EBRD).