Energy Services
Third Party Financing
The Third Party Financing (TPF) agreement is an innovative proposal
developped from the EU towards the final customers, by means of
which a strong support is given to energy savings investments.
It is a financial instrument that can be used to promote and disseminate
the Energy Saving technologies in Europe.
The TPF formula has been developped through Div XVII Energy (Programs
THERMIE, SAVE) in order to enable the potential end-users to apply
new energy technologies without the need for a direct investment.
Generally, a TPF program sees the cooperation with
an E.S.Co.
E.S.Co. is the acronym for
Energy Service Company
An Energy Service Company has a particular structure that includes
full capability for energy audits, engineering, technical and financial
planning, raising of funds, construction, operation and maintenance
for the energy plants, together with the professionality needed
for all required authorizations.
The TPF formula is the best available guarantee for the end-user
that the plant will work with the best efficiency figures, due to
the fact that
“It is the produced energy that pays for, day by day, the
investment”
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