Why is this for you?
Through the Clean energy for EU islands' marketplace:
- Island's stakeholders can finance their projects by connecting with front-runner ESG (environmental, social and governance) investors;
- Investors have the opportunity to increase their pipeline of potential investments.
Background
The Islands Marketplace aims to bring island communities, project developers, technology providers, investors and financiers together to support the implementation of clean energy projects in islands. The Clean energy for EU islands secretariat ('secretariat') will facilitate the matchmaking of the interested parties. Learn everything about the Marketplace in the recording of this webinar.
Island stakeholders are invited to submit their investment projects. The secretariat marketplace team will then support islands in engaging with financial institutions. Some financial institutions are listed in our Investor List.
The team of financial experts will first review the investment project proposal. If the project matches the investors' requirements (such as maturity level, technology, ownership, business model and ticket size), the secretariat will contact the different parties directly for a 1:1 conversation. If the project requires additional work, the secretariat offers guidance on improving your project's pitch.
The project pitch should include information as detailed in the Guidance for islanders - Steps to finance sustainable energy projects.
Please note that for a project to be considered by the secretariat , island stakeholders/ project developers have to provide a minimum set of information, in a way that is understandable and analysable by the secretariat, as well as by the investors and technology providers. The type of information required is the following:
- Project description (details of your project, relevant background, expected timeline, type of technology, etc.);
- Expected impacts (renewable energy production/energy savings, avoided emissions, jobs creation, etc.);
- Financial aspects (investment type, business model, required investment, payback time, internal rate of return, etc.).
How to apply?
Submit your investment project proposal by completing the form here. If there are any questions, contact: agal@econoler.com or mmarkov@econoler.com.
What happens if your project concepts are not ready yet?
Not a problem! The secretariat will provide you with guidance on how to improve the intake content. This will ensure that all projects meet the minimum requirements of project maturity.
Disclaimer
Please keep in mind that our matchmaking service does not provide funding. Technical support is limited to guidance on how to improve your project's content. Projects selected will be showcased and, when feasible, matched with investors and technology providers.