EuroPACE Project: Progressing on all Fronts
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Back to School, Back to Work - Let's pick up the PACE.
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Welcome back to those who indulged in long-distance trips, family visits, hikes or staycations and hats off to those of you who kept on working despite the sunshine!
The EuroPACE team has been relentlessly pushing forward and in this newsletter you will learn about the new events we have planned for this fall, including a webinar and the very first EuroPACE workshop. Plus, we will share a recent news article in a Spanish journal dedicated to energy services contractors about EuroPACE.
Thanks for being part of the EuroPACE Community!
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EuroPACE Workshop at the EU Regions Week
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The Square, Mont des Arts, 1000 Brussels: October 10 @ 16.30 - 18.00
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This is an opportunity to systematically understand why EuroPACE is an effective solution for home renovation. You will get an energy agency perspective, a city perspective, complemented by the European Commission's view and lastly GNE Finance expertise in energy efficiency investments. Below are the speakers who will join us in October:
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- Adrian Joyce, Secretary General at EuroACE and Campaign Director of Renovate Europe
- Inigo Ansola, Director General of the Basque Government Energy Agency
- Christophe Milin, Project Adviser, EASME, The European Commission
- Davide Cannarozzi, Founder and Managing Partner of GNE Finance
- Joserra Lopez, International Relations Director, Basque Government Energy Agency
- Jordi Ayats, Programme Manager, City of Olot, Spain
- Q & A with the audience
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The event will be followed by a reception at the Square. Join us to discuss how EuroPACE can help your city or agency to meet your climate and energy goals! This event is FREE.
The deadline to register is September 28th.
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Join us and Climate Alliance for the 1st EuroPACE Webinar on October 18, 2018
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Featuring EuroPACE experts from GNE Finance and Center for Social and Economic Research, moderated by the Climate Alliance.
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EuroPACE Featured in the Press
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This month, Caloryfrio.com dedicated a featured story on EuroPACE and interviewed the founders of GNE Finance.
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In "EuroPACE; el impulso a la rehabilitación energética de edificios" (EuroPACE: the trigger to the energy rehabilitation of buildings), Ms Bueno paints a story of EuroPACE and its application in Spain.
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She points that "today there is a smooth and regular dialogue with multiple municipalities throughout the country, regional agencies, various ministries, as well as national institutions such as the Spanish Federation of Municipalities and Provinces and the Spanish Network of Cities for Climate."
The EuroPACE program in the city of Olot is poised to pave the way for similar program across the country and across Europe. Davide Cannarozzi and Eduard Puig, GNE Finance concur: "In Europe, in addition to strong political will to promote the ecological and sustainable transition, there is also a clear intention to implement market-based solutions to take advantage of the economic opportunities associated with the challenges."
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Keeping PACE with the latest Developments
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This is a short compilation of relevant publications, articles and recent developments.
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- The Rocky Mountain Institute released The Consumer Connection: A Consumer-Centric Approach to Delivering Home Energy Services. In the report they have surveyed over 1,200 homeowners from 50 US states to explore triggers, pathways and motivations for home renovation. This is a must-read for anyone designing, operating or working with an energy efficiency program.
- Upscaling urban regeneration report released by ROCKWOOL states that "The choices we make today will define the cities of tomorrow." The report features inspiring urban stories from England, Denmark, Sweden and The Netherlands.
- EmBuild, an Horizon 2020 funded project released a final report "A Snapshot of Building Renovation Strategies: Bulgaria, Croatia, Germany, Romania, Slovenia." The report analyzes the compliance of national renovation strategies with EU legislation. The picture painted here is not the most optimistic, but not without promising case studies.
- The PACE market in the US continues to grow: Lever Energy Capital, a Denver-based C-PACE financier, has launched a venture to originate $500 million in sustainable commercial real estate financing.
- CleanFund, one of the major C-PACE players in the US market, closed 144A Securitization of C-PACE Assets, the notes were AAA-rated. Read more.
- Lastly, PACE Funding obtained a $55 million warehouse line of credit from SunTrust Bank and Rosemawr Management to grow its business in California and Florida. Learn more.
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Thank you for being part of the EuroPACE Community
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We look forward to working with you to make EuroPACE a success.
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Sincerely,
The EuroPACE Partners
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