Third-party investment
Residential sector (private residential buildings, social housing)
In a nutshell
Third-party investment is a scheme where the investment on the
building is not carried out by the home owner but by a third-party
investor. Thus the home owner does not take on a debt but pays a service
fee to the investor.
The city of Stuttgart developed a ‘carefree energy renovation
package’ for home owners. The package includes: planning, building and
construction, operation and maintenance, financing, guarantee and risk
assumption. Home owners do not need to secure upfront financing for the
replacement of the heating system. This is financed by a municipal ESCO
to whom the home owners pay a monthly service fee through energy supply
contracting.
Tested and approved
Experience of setting up local or regional third party investment
operators is quite recent. French regions seem to be the most advanced
in testing out such solutions. For instance, the public-private company
SEM Energie Posit’IF in Ile de France Region or the Public Service for
Energy Efficiency in Hauts-de-France Region provide integrated energy
renovation services including financing to homeowners.
See Stuttgart’s results as part of the Infinite Solutions project.
Step-by-step Guidebook
Useful materials
Webinar "Financing the energy renovation of residential buildings
through soft loans and third-party investment schemes" - 31 March 2017
Recording
Presentation
