Term Sheet on ESCO is signedTerm Sheet on ESCO is signed

On July 16, DB Energy signed an agreement (TERM SHEET) with an international financial institution on the financing of ESCO projects in industry.

The parties undertake to prepare a framework cooperation agreement, which aims to finance the ESCO investment portfolio in industry worth EUR 15 million, until December 31, 2022.

Establishing cooperation with a financial partner with international potential will enable faster achievement of strategic goals in terms of business development in the investment model (in particular ESCO), as well as export development.

Business areaWorking with energy around the world

We carry out audits of energy efficiency in medium and large industry, achieving real reduction of energy consumption of customers. So far, according to the designs of our team, modernizations were carried out with a total cost of over USD 730 million, which allowed to achieve a reduction of at least 3.9 TWh in energy consumption and to save annually over USD 215 million.

Working with energy around the world