Energy efficiency loans for buildings in Poland and refurbishment of multi-family blocks in Latvia
The Project Development Services (PDS) financed by ELENA will provide support to the Alior Bank S.A. for the preparation andverification of energy audits and preparation of complex technicaldesign documentation for loan applicants under two different loanprogrammes offered by Alior. The technical assistance will also helpAlior build technical capacity in energy efficiency to provide soundadvice to potential energy efficiency loan applicants and to make thefinal beneficiaries (housing associations) aware of the benefits whenperforming deep energy efficiency refurbishments.
The housing sector in the Baltics is characterized by poor maintenance and low energy performance, but has uniform construction types (soviet era 1960s-1990s). This presents an opportunity to develop much-needed standardised approaches to energy-saving retrofits. The Jelgava JNIP (Jelgava building maintenance company) ELENA program is enabling the city of Jelgava to accelerate retrofitting. JNIP is uniquely placed to build consensus amongst apartment owners for retrofitting and take advantage of economies of scale with simultaneous renovations of similar buildings. Thanks to ELENA, JNIP can hire external experts to train their project managers and prepare the construction sector for serial refurbishment solutions in their city. This approach will provide the blueprint for a vital uptake in energy-saving retrofits in all Baltic states.