IDAE financing
Investment activity is one of the IDAE'S strategic lines of action. The aim is to promote projects which have a clear technological innovation component and have potential for replication.
The way in which the Institute takes part in projects depends on each specific case, the sector concerned, the technology involved and the scale of the investment. The formulas it uses are primarily the following:
- Third-Party Financing (TPF): this is one of the most appropriate mechanisms available to undertake investment projects in energy saving and efficiency and energy generation using various sources, including renewable energy sources. The IDAE, the main promoter of this financing mechanism in Spain, has been using it successfully since 1987.
- Project finance and Provision of services: a financing mechanism applicable to projects investing in energy saving, energy efficiency and renwable energy sources, which have unergone a prior economic/technical feasibility analyis. It is a new model of financial collaboration which entails drawing up and signing two contracts: A framework collaboration and service provision contract and a project finance contract (i.e. a business loan).
- Other IDAE financial interests in energy projects:
Find out more about other forms of IDAE participation in energy projects.
- Temporary Business Unions (UTE)
- Economic Interest Groups (AIE)
- Shares in companies
- Participation accounts
- Technology development agreements
- Programme of aid for strategic projects: This is a line of IDAE support aimed at financing energy saving and efficiency projects. The programme is set in the context of the IDAE's direct actions under the 2008-2012 Action Plan for the 2004-2012 Spanish Energy Saving and Efficiency Strategy (E4).
- Programa de Acuerdos Voluntarios con empresas del sector de la biomasa térmica en edificios (Biomcasa). Con este Programa se pretende establecer un sistema de financiación que impulse una oferta de calidad y adaptada a las necesidades de los usuarios de agua caliente y climatización en edificios, utilizando biomasa, todo ello en el marco del Plan de Energías Renovables en España 2005-2010.
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Programa GEOCASA. Financiación de instalaciones geotérmicas en edificios a empresas habilitadas.Con este Programa se pretende establecer un sistema de financiación que impulse una oferta de calidad y adaptada a las necesidades de los usuarios de agua caliente y climatización en edificios, utilizando biomasa, todo ello en el marco del Plan de Energías Renovables en España 2005-2010.
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Programa SOLCASA. Financiación de instalaciones solares térmicas en edificios a empresas habilitadas. Este Programa pretende establecer un sistema de financiación que impulse una oferta de calidad y adaptada a las necesidades de los usuarios de agua caliente y climatización en edificios, utilizando energía solar térmica, todo ello en el marco del Plan de Energías Renovables en España 2005-2010.