The EU has established a programme called ELENA, European Local Energy Assistance, as part of the battle against climate changes. The ELENA-programme is part of a larger EU energy initiative – Intelligent Energy Europe. KommuneKredit’s members are included in the target group for ELENA.
The programme is a subsidy and loan programme assisting the EU member states in reaching the following objectives:
• reduce the emission of greenhouse gasses by 20 pct.,
• increase the share of sustainable energy in energy consumption by 20 pct., and
• improve energy efficiency by at least 20 pct.
ELENA offers subsidies for the preparation of investments in combatting climate changes, and thus not for the investments themselves.
KommuneKredit recommends that the municipality/region seeks professional advice in connection with the completion of an application for ELENA subsidy.
For further information please contact the Lending Department on: