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Regulatory informationEnergy efficiency policies (EE)

National Energy Efficiency Fund

Abbreviated form of legal source(s)

  • DL 102/14
  • DL 115/08

Description of support scheme

The National Energy Efficiency Fund is a rotary incentive for Public Administration, ESCOs and businesses, created to mobilise private investment to implement energy efficiency measures on production plants, production processes and buildings. Its primary goal is to help those entities to achieve the targets set by Italy for energy saving and consumption cut required by the EU by 2020 by offering subsidised loans and guarantees.

Amount

The budget of the fund amounts to € 310 million of which
• 70% is for subsidized loans (20% of which reserved for public administrations)
• 30% for guarantees (30% of which reserved for district heating networks)
The total amount can be refinanced and increased by central and regional governments and non-profit organizations, as well as by public administration and organizations.
Type of benefits: (Art. 15, DL 102/14)
For companies and ESCO:
• Guarantee (warranties) on individual financing transactions covering up to 80% of the eligible costs. Guaranteed amount from €150 thousand to €2.5 million. For max 15 years;
• subsidised loans, will cover up to 70% of eligible costs for amounts between 250 thousand and €4 millionand will have a maximum duration of 10 years (fixed rate mortgage 0.25%)
• under certain conditions and within certain limits, can also be combined with other corporate incentives obtained.
Public administrations:
• subsidised loans, will cover up to 60-80% of eligible costs for amounts between 150 thousand and 2 million € and will have a maximum duration of 15 years (fixed rate mortgage 0.25%)

Addressees

Addresses are public administrations and companies and ESCOs that have been existing for at least 2 years, are registered in Italy or have at least one branch in Italy, and as further defined in Art. 15, DL 102/14.

Procedure

To apply for the FNEE funds, the applicant must send in a request to the designated office; the applications are evaluated according to the chronological order of arrival and within 60 days of submission. Funds are not distributed according to a ranking.
Companies must guarantee 15% of the financial coverage of the investment with their own means.
Applications are to be submitted exclusively through the Invitalia website.

Competent authority

  • ENEA
  • Invitalia

Sectors

Buildings

Relevant

Energy production
Transport
Industry

Relevant

Public sector

Relevant