ESCOLIMBURG2020
Financing Model
Infrax ESCO (which is not a separate legal entity but an internal department), created in 2010, is the program delivery unit of the ESCOLIMBURG2020 programme,.
The unit operates as programme marketer, project integrator, financial advisor, financier and assessor.
Its core activities include:
- Establishment of the global ambition of the customer (through the SEAP), identification of the buildings, proposal of the ESCO contract
- (Free) feasibility studies to determine the energy savings potential
- Detailed studies
- Tendering for works, works supervision
- Pre-financing or arrangement of financing via banks
- Transfer of works and management of the repayment schedule
- Follow-up and monitoring
Infrax ESCO offers 4 types of financing options:
- Pre-financing by Infrax
- Own financing by the customer
- Bank loan
- Limburgs Klimaatfonds (climate fund)
In 2013, Infrax ESCO had realized the following investments:
- Number of feasibility studies: 217
- Amount for feasibility studies: 6.006.000 €
- Number of detailed studies: 76
- Amount for detailed studies: 400.000 €
- Works in progress: 4.417.659 €
- Works executed: 329.535 €
- TOTAL: 11.257.194
- Program goal: 19 M€
In 2014, it reported 2 M€ of executed projects, in 9 municipalities, for 345 MWh energy savings and avoiding 72 tons of CO2.
By 2015 this has increased to 10 projects, 985 MWh saved and 207 tons of CO2 avoided.
Infrax ESCO employs a staff of about 8 people.
In 2015, Infrax reported 2 M€ of realized energy saving investments, 985 MWh saved and 207 tons of CO2 avoided.
There is no data available on a global percentage of energy savings, but projects typically reach 15% to 40%. Payback times typically range from 2 to 15 years.
Infrax cvba, Gouverneur Verwilghensingel 32, 3500 Hasselt
Registered office: Koning Albert II-laan 37, 1030 Brussel
- http://www.infrax.be
- Coopenergy, Province of Limburg, BE - “ESCOLIMBURG2020”
- ESCOLIMBURG2020 brochure, BUILDING A SUSTAINABLE FUTURE TOGETHER
- Patrick Boucneau & Nele Vandenreyt, ESCOLimburg2020 & Limburg Climate Fund, Limburg CLIMATE NEUTRAL, Training & Networking Event NETCOM – Managenergy, 10 oktober 2013
- Dirk Schreurs & Patrick Boucneau, Cooperation for refurbishment of municipal buildings in Limburg (B), Brussels, 08 October 2014 & 28 April 2015
- Patrick Boucneau & Nele Vandenreyt, from SEAP to… real investments in municipal buildings
- Public ESCO schemes: POSIT'IF (FR), ESCOLIMBURG (BE), ESCOSC (NL)