ELENA

Also indexed as: European Local Energy Assistance

Further information: www.eumayors.eu

Information on this new Facility was presented by the European Investment Bank (EIB) during the ManagEnergy Annual Conference 2009.

ELENA (European Local Energy Assistance), is a technical assistance facility to be launched by the European Commission in cooperation with EIB. It is foreseen to be operational in the second half of 2009.

ELENA will assist cities and regions in developing their sustainable energy investments projects and mobilising investments. Through the facility, operated by EIB, the Commission will provide funding of €15 million to local authorities for financing their costs associated with development of municipal investment projects or programmes contributing to the overall EU energy targets.

ELENA is funded by the Intelligent Energy Europe (IEE) programme and will contribute to cover the technical assistance costs related to eligible investment projects or programmes.

Sustainable energy projects eligible under ELENA can focus on a variety of sectors, such as retrofitting of public and private buildings, sustainable building, energy-efficient district heating and cooling networks, or environmentally-friendly transport.

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