The street lighting refurbishment with LEDs is an energy efficiency improvement measure that often requires significant upfront investments. This is a major barrier for most municipalities in Europe. However, in many cases, EPC can offer a solution to overcome this obstacle. EnergaP, the Energy Agency of Podravje (Slovenia) knows this very well. Indeed, they have developed a project to refurbish street lighting in their region using EPC as a source of the innovative financing mechanism. Thanks to the PROSPECT peer-to-peer mentoring program, they were able to share this experience with the Municipality of Loures, Portugal. In this article, we go back through their common learning experience.

The Covenant of Mayors project is offering a free training on innovative finance!

Participants  will get personalized coaching to make sure their project idea is investor ready, from finance experts from Climate-KIC, the South Pole Group and the Investor Confidence Project.

Mentees’ registration to the 3rd learning cycle of PROSPECT is now extended until the 15th of March!

Don’t miss this last chance to join our peer-learning community and exchange knowledge and experience on successful financing schemes implemented in cities and regions in the European Union!

The 3rd and last call for applications for H2020 PROSPECT is now open!

Don’t miss this last opportunity to join our peer-learning community that already gathers more than 100 participant cities, regions and energy agencies from 24 countries!