MissionStrategic and financial study
Mission to advice to the Caisse des Dépôts et Consignations, the French state bank, in the development of public and/or private Energy Services Companies (ESCOs) and/or Third Party Financing (TPFs) companies to support the Grenelle Law implementation.
Role and Achievements
The mission focused on an international comparative analysis of economic models of third-party financing companies (TPFs) to finance and realize public and/or private buildings retrofit programs, their modus operandi and financial constraints and to analyze opportunities for the creation of operational and financial TPFs on national scale(France). A second phase included the development of financial modeling tools to evaluate retrofitting investment plans based on technical analysis of building stock types, completed by a feasibility study of financial and operational TPFs. A third phase was to quantify the financial implications of the Grenelle Law, estimating funding needs along with the simulations conducted and to evaluate the share of EPC/EPPP business models as well as the number of TPFs to support in the global objectives. A fourth phase was to assess the legal and tax structures of TPFs in energy efficiency. The whole was the subject of a strategic recommendation to the French government to implement a strategy to support the implementation of the Grenelle law. The note and all simulation models are now used in most EPC/EPPP projects and ESCO/TPF projects development in France.
- Benchmark study of the ESCO/TPF market players in Europe and worldwide, their operational and financing models.
- Definition of assumptions and development of modelling scenarios for several ESCO business models and projects portfolios at national level.
- Development of business plans and corporate models based on assumptions and scenarios.
- Strategic and policy recommendation taking into account the economic and financial objectives of the CDC Group.