PDF Publication Title:
Text from PDF Page: 125
Assessment of Potential and Promotion of New Generation of Renewable Technologies ____________________________________________________________________________________________ This is particularly true, as mentioned above, for RDI investments. As such, PPPs convey a strong message to the private finance sector, demonstrating that the public support is ensured. Focus on the RSFF Launched in 2007, the Risk Sharing Financing Facility (RSFF), with a total of € 2 billion, financed by the EU & the EIB, can leverage up to € 10 Billion for higher risk financing. RSFF is a “risk-bearing instrument by which the EIB covers, through capital allocations and provisions, the risks it bears when lending directly or when guaranteeing loans made by intermediaries”. 41 The RSFF is dedicated to public and private legal entities, financial intermediaries, as well as projects resulting from European research initiatives, like the JTIs. According to the European Commission, the EIB has signed by the end of 2008, 21 RSDD operations, comforting the “impressive start”42 of this new tool since its creation in 2007. The facility is expected to reach soon its budgetary limits. The RSFF is serving as a model for the establishment of other similar funds and mechanisms in the EU, such as the Marguerite Fund. The RSFF facility should be explored further as a solution to the probelsm found in financing the SET plan initiatives. Due to its loan nature, it could help finance the objectives of the platforms, also reducing some of the procedural difficulties of grant based financing mechanisms. Focus on the Marguerite Fund The 2020 Marguerite Fund is a pan-european fund for energy, climate change and infrastructure, launched in December 2008 by six of Europe’s leading financial public institutions, including the EIB. Marguerite is the first joint initiative of this nature, by its scope (greenfields projects) and by its approach, combining market-based principle of return to investors with the pursuit of public-policy objectives. The Fund is gathering several Europe’s financial public institutions, each committing to € 100 Million to the fund43. The core sponsors are the EIB, the Caisse des Dépôts (France), the Cassa Depositi e Prestiti (Italy), the KfW (Germany), the Instituto de Crédito Oficial (Spain) and the PKO Bank Polski (Poland). The objective is to achieve a fund volume of € 1.5 Billion for final closing by 2011 thanks to the contribution of other investors. The European Commission has notably joined the initiative during the initial fund raising round, closing on the 3rd of March 2010. At this date, the funds initially committed to Marguerite amount to over EUR 700 million. The EIB described the Marguerite fund, as the fund which “will provide equity or quasi equity to companies which own or operate infrastructure in the sectors of transport and energy ‘Trans-European Networks’, as well as renewable energy. The Fund is a long term investor (20 years) and is intended to be fully invested in four years. It will focus on asset creation (primarily greenfield investments).”44 41 European Economic Recovery Plan 2010-2013: Risk-sharing Finance Facility (RSFF) Update http://ec.europa.eu/research/press/2009/pdf/ppprsff_en.pdf#view=fit&pagemode=none 42 EIB Press Release 2007-095-EN of 27 September 2007 “Impressive start for new EC-EIB financial instrument: Risk Sharing Finance Facility (RSFF) contributes EUR 359 million to research and innovation, with strong focus on renewable energy technologies” 43 EIB Press Release 2009-242-EN of 04 December 2009 “Europe’s leading public financial institutions launch “Marguerite”, the 2020 European Fund for Energy, Climate Change and Infrastructure” 44 EIB Press Release 2009-242-EN, op cit IP/A/ITRE/ST/2009-11 & 12 101 PE 440.278PDF Image | Policy Department Renewable Technologies
PDF Search Title:
Policy Department Renewable TechnologiesOriginal File Name Searched:
IPOL_ITRE_ET(2010)440278_EN.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |