THERMODERNIZATION OF MUNICIPAL BUILDINGS

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Project description

Increase energy efficiency in municupal institutions by means of attracting extrabudgetary funds with the use of “performance-contracting” the mechanism. Reduction of energy consumption in budgetary institutions, budget allocations for energy costs and creation comfortable conditions for people.

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Project parametrs

  • Cost of the project: EUR 10 000 000
  • Borrower – municipal ESCO company
  • Term of credit – up to 10 years
  • Grace period – 36 months. The European Bank for Reconstruction and Development loan – Euro 10 mln.
  • Non-repayment grant of E5P agency – Euro 2,5 mln. One-time fee – 1,20% of the loan amount (120 thousand euros)
  • Redemption fee – 0,5% pa Margin – 5,25% pa + EURIBOR
PROJECT READINESS STAGE:

The second stage of the tender is held. An analysis of tender offers and selection of the Contractor is conducted.

METHOD OF GUARANTEEING BORROWED RESOURCES:

Dnipro City Council municipal guarantee (the volumes and conditions are agreed with the Ministry of Finance of Ukraine). The payback period of the project is 20 years.

Contact with the author of the project "Thermodernization of municipal buildings"

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