Project description
and objectives:
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A multi-project facility (MPF) of US$ 50 million with Dalkia (previously named Compagnie Generale de Chauffe, CGC) to establish, acquire or expand and operate energy service companies (ESCOs) in the EBRD's countries of operations.
The MPF provides a framework for the establishment, acquisition or expansion and operation of regional ESCOs in the Bank's countries of operations. Each ESCO will provide a complete energy service, through Energy Performance Contracts, to enable clients in the public and private sectors to realise demand-side energy savings.
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Sub-projects:
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- Dalkia ESCO - Romania
- Dalkia Termotech - Slovak Republic
- Dalkia Prometheus II - Hungary
- Dalkia Termika - Poland
- Dalkia - Litesko - Lithuania
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Transition impact:
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The MPF promotes and facilitates the provision of private financing of energy performance services in the EBRD's countries of operations as well as the establishment of a replicable model for the rapid implementation of energy-saving projects. This addresses the urgent need for energy efficiency throughout the region.
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The client:
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Dalkia is based in Paris and has been developing its energy service activities for more than 60 years. It can be considered the world's leading thermal management and maintenance company. This field of activity represents more than 80 per cent of its turnover. Following CGC's merger with Esys-Montenay in 1997, a first-tier subsidiary of the Vivendi parent company (previously named CGE), Dalkia is now the main group subsidiary, which combines all of Vivendi's energy management activities.
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EBRD finance:
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The multi-project financing is in the form of an equity and debt facility of up to US$ 50 million (€47.3 million) for investments in ESCOs.
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Total project cost:
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The MPF’s investment programme indicates a total investment requirement of €120 million over the next four years.
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Environmental impact:
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The project has been classified as C/0. It does not therefore require an environmental analysis or an environmental audit. Dalkia is required to conduct environmental due diligence on all ESCOs financed through this facility in a manner satisfactory to the EBRD. An annual environmental report will be submitted to the Bank on the project companies encompassed by the facility.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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EBRD contact:
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Francois Gaudet, Operation Leader: gaudetf@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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