The Romanian Fund for Energy Efficiency (FREE) has so far awarded 53 financing contracts for energy efficiency projects, with a cumulative value of €87.5 million, said Adrian Ghiță, Executive Director of the Fund.
“We funded 53 projects with a total value of $30.6 million, but the total investment generated by the FREE contribution was $87.5 million,” he said at the conference “Digitalization and Energy Efficiency – Bucharest” organised by Energynomics together with the Italian Chamber of Commerce for Romania – CCIpR.
FREE’s funding for a project usually ranges from $100,000 to $1 million. A year ago, Ghiță said FREE had granted 51 loan contracts totalling €86.5 million. Of the total, FREE’s contribution was nearly €30 million.
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In some cases, FREE also provides a technical assistance component for some projects.
The conference “Digitalization and Energy Efficiency – Bucharest” was organised by Energynomics together with the Italian Chamber of Commerce for Romania – CCIpR, with the support of our partners: Bonatti, Datacor, Elektra Renewable Support, Elvo, Enexus Renewable Energy, Generali, HBI Real Estate, Intesa Sanpaolo Bank, Keno Energy, Personnel Select, Polytrade Global, Prime Batteries Technology, Prysmian, Schneider Electric, SolarX Power, UniCredit Bank, VARD, WALDEVAR Energy, WEBUS 4 Energy.