EFFIC Joins the Sustainable Energy Finance Associaton

Brussels, Belgium November-2023 —We are pleased to announce that EFFIC, owned by funds managed by Blackstone, has joined the Sustainable Finance Associa􀆟on (SEFA) as a founding member. EFFIC brings extensive exper􀆟se in energy efficiency renova􀆟on management, property management and grant funding processing to SEFA, further bolstering the associa􀆟on's commitment to promo􀆟ng sustainable energy prac􀆟ces and driving posi􀆟ve change throughout Europe. With this partnership, SEFA strengthens its posi􀆟on as a leading pla􀆞orm for collabora􀆟on, knowledge exchange, and advocacy within the sustainable energy finance sector

"By joining SEFA, we reinforce our commitment to sustainability and environmental awareness in the Real Estate sector. This collaboration will enable EFFIC to contribute to the achievement of ambitious sustainability goals, reduce carbon emissions, and promote a more energy-efficient and sustainable future for the European Real Estate market" said Eduard Mendiluce, EFFIC CEO.

EFFIC's leadership has been recently recognised by the Urban Land Institute (ULI), winning the Proptech Innovation Challenge prize awarded by this organisation. EFFIC has thus become the European benchmark in the renovation of residential buildings with energy efficiency objectives.

EFFIC manages energy efficiency improvement projects for Spanish residential buildings with the support of the European Union's Next Generation funds, centralizing and executing the whole process of renovation. In this regard, it prepares the energy study of the buildings, facilitates the financing of the non-subsidized part of the projects, carries out the renovation, and leads the entire process of applying for European subsidies for its clients.

"We are delighted to welcome EFFIC, to SEFA," said John O'Rourke, SEFA Chairman. "Their expertise and their commitment to sustainability align perfectly with SEFA's mission. Together, we will accelerate the adoption of sustainable energy practices, promote energy efficiency, and create a more sustainable and resilient future for Europe."

SEFA offers a unique platform for collaboration, providing its members with opportunities to engage with like-minded professionals, access cu􀆫ng-edge research, and contribute to the development of sustainable energy finance frameworks. Through their membership in SEFA, EFFIC will expand their network, exchange best practices, and leverage their resources to drive impactful change in the sustainable energy sector.

By joining SEFA, EFFIC will actively contribute to shaping the future of sustainable energy finance, advocating for policies that support energy efficiency initiatives, and fostering a sustainable energy ecosystem in Europe. Collaborating with SEFA's diverse membership, including key stakeholders from the finance, policy, research and fulfilment sectors.

For more information, please visit www.effic.es and www.sefaeu.org