ESCO Portfolio Guarantees – BEEF undertakes the financial risk of the ESCO by guaranteeing that it will cover the first 5% of defaults in the flow of receivables of the ESCO. First Portfolio Guarantee for Bulgaria – signed between BEEF and Energetics and Energy Savings Fund SPV (EESF) on the 14th of April, 2008. BEEF… Read more

Today the Bulgarian Parliament approved on first reading the Draft Act for Management of Multifamily Residential Buildings. The future act aims to stimulate the 4 million Bulgarians living in multifamily blocks – around 80% of the urban population, to cooperate. The draft act describes the way the residents can form associations in order to manage… Read more

The Bulgarian Energy Efficiency Fund will present its current financing conditions, new products, and implemented projects within the scope of the forthcoming 4th International Congress for South Eastern Europe on the problems of Energy Efficiency and Renewable Energy Sources that will take place in Sofia, National Palace of Culture, 7-9 April 2008. A resumee of… Read more

A round table on energy efficiency was held today in the southern Bulgarian town of Haskovo. Many public figures were present, among them Mr. Ramadan Atalay, Deputy and Head of the Energy Commission, the Deputies Ms. Minka Rouseva and Mr. Ivan Ilchev, Mr. Ivan Gerginov, Executive Director of the Bulgarian Energy Efficiency Fund, several Mayors… Read more

Summary Results of the Bulgarian Energy Efficiency Fund as of 31.12.2007 Number of projects Project size (BGN million) BgEEF financing (BGN million) Projects financed 42 15.1 10.5 Municipalities 14 3.8 2.9 Corporate clients 20 6.7 4.6 Hospitals 4 2.9 1.8 Universities 4 1.7 1.2 Number of projects Project size (BGN million) BgEEF financing (BGN million)… Read more