Third Party Financing

To support energy conservation in industry, and in addition to the IDAE-FEDER Programme, IDAE operates mainly as a third-party financier providing finance and technical assistance for the installation of energy efficient equipment and recovering its expenditure over three to seven years through the energy savings realised. The financing activity of IDAE during the year 2001 was associated with the development of 33 different projects, representing a total investment of € 25.4 million, with the following share among the main technology areas: - Final energy saving and substitution by natural gas: 20%. - Cogeneration: 6%. - Renewable: 74%.

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