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European PPP Expertise Centre

The European PPP Expertise Centre supports the public sector across Europe in delivering better public-private partnerships (PPPs). PEC's team of experienced PPP professionals, based in the Advisory Services Department of the European Investment Bank (EIB), serves 42 EPEC member organisations. These organisations are typically national or regional PPP units, and other public entities in charge of PPPs, as well as the European Commission.

EPEC covers the following activities:

Financial instruments Advisory (fi-compass)

fi-compass is a platform for advisory services on financial instruments under the European Structural and Investment funds (ESIF) and microfinance under the Programme for Employment and Social Innovation (EaSI).

fi-compass is designed to support ESIF managing authorities, EaSI microfinance providers and other interested parties, by providing practical know-how and learning tools on financial instruments.

InvestEU Portal

The InvestEU Portal allows project promoters to reach investors that they may not be able to reach otherwise. The Portal continues the work started under the European Investment Project Portal (EIPP) and is the online EU ‘marketplace’ connecting EU-based project promoters to investors worldwide. It provides project promoters with more options to finance their projects

Adding projects to the portal is free of charge.

Eligible projects:

Soft loans, guarantees

Financing the energy retrofitting of buildings is a great challenge. With investments varying from 200 to 1,200 EUR/m2, access to attractive and long-term financing is perceived as the primary barrier for homeowners. Financial incentives such as grants, guarantees or soft loans for energy renovation could motivate homeowners to make the investment decision more easily.

Local and regional authorities in cooperation with financing institutions can offer to homeowners of private residential buildings:

Revolving loan funds

A revolving loan fund is a source of money from which loans are made for multiple sustainable energy projects. Revolving funds can provide loans for projects that do not have access to other types of loans from financial institutions, or can provide loans at a below-market rate of interest (soft loans).

On-bill-financing

On-bill lending is a method of financing energy efficiency improvements that uses the utility bill as the repayment vehicle. Energy suppliers collect the repayment of a loan through energy bills. It leverages the relationship, which exists between a utility and its customer in order to facilitate access to funding for sustainable energy investments.

Green municipal bonds

Bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are issued by companies, municipalities, states and sovereign governments to raise money and finance their projects and activities. Green bonds are all those instruments which are used exclusively to fund qualifying green investments. They can be made attractive via tax-exemptions.

Citizen Cooperatives

Energy cooperatives refer to a business model where citizens jointly own and participate in renewable energy (RES) or energy efficiency (EE) projects. In energy cooperatives citizens are involved in both the decision making and financial & economical participation. All citizens are eligible to participate. After purchasing a cooperative share and becoming a member or co-owner of local RES and EE projects, members share in the profits and often are given the opportunity to buy the electricity at a fair price.

Public Sector Loan Facility

The Public Loan Facility complements the two other pillars of the Just Transition Mechanism, the Just Transition Fund (JTF) and a dedicated just transition scheme under InvestEU. It helps to address the socio-economic challenges of the transition to climate neutrality in the most affected territories as identified in the territorial Just Transition Plans.

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