JESSICA-F.I.D.A.E Fund (Energy Saving and Diversification Investment Fund)

The aim of this fund is to finance urban sustainable development projects to improve energy efficiency, use renewable energies and be developed by energy services companies (ESCOs) or other private enterprises. This fund is to finance all the investments directly bound to the issue of energy efficiency and the use of renewable energies in urban environments, and it is compatible with other public or private funding sources, as well as with subsidies either co-funded or not by the FEDER. Priority issues: Energy efficiency and energy management (existing and new buildings) Renewable energy projects (solar thermal, solar PV, biomass) Projects related to clean transport, contributing to improvement of energy efficiency and the use of renewable energies These are the conditions that a project must meet to be fundable: Being located in one of the Spanish Regions included in F.I.D.A.E. - Andalusia, the Canary Islands, Castile & Leon, Castile-La Mancha, Ceuta, Valencia, Galicia, Melilla & Murcia Region. Being included in one of the following sectors: Building: public and private buildings Industry: firms of any size Transport: infrastructures, equipment and both public and private transport fleet (for public use). Public services infrastructures related to energy: Outdoor public lighting and traffic lights. Local infrastructures, inclusive of intelligent networks, information technology and communications (TIC) related to priority issues. Take part in one of the priority issues: Energy Efficiency Projects and energy management: Renovation of existing buildings, with actions on the thermal envelope, heating installations, cooling, lighting, etc. New buildings with energy rating A or B. Renovation or enlargement of the heat/cool existing networks. Renewable Energy Projects: Solar thermal. Solar PV if integrated in an energy efficiency project. Biomass Projects related to clean transport, contributing to improvement of energy efficiency and the use of renewable energies (electric recharge infrastructures for electric or plug-in hybrid vehicles, braking energy recovery from electric public transport, fleet management, electric or hybrid buses, etc.) Ensuring an acceptable return of the investment. Being included in an integrated plan for sustainable urban development Not being finished on receiving the funding. The management and marketing of JESSICA-F.I.D.A.E. Fund was entrusted by the EIB to BBVA through public tender

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