Cooperation and Financing

Cooperation & Support to the Ecosystem

This category of activities refers to capacity building and advisory actions that are not related to projects, but which are intended for both public and private stakeholders working in the field of energy efficiency, whether in Morocco or abroad. These services consist in building on the experience and data acquired during the implementation of projects where SIE was a partner, in order to support the sectoral authorities in strengthening and developing measures for the promotion of projects and the emergence of a local energy efficiency sector. These activities can be divided into three major types of services :

  • La diffusion d’expertise au niveau national et international en matière de management des projets d’efficacité énergétique sur la base de l’expérience acquise par la SIE (préparation, structuration et mise en place d’un CPE, modèles de contrats standardisés, etc.)
  • L’appui aux entreprises (PME et ESCOs) et fédérations professionnelles locales de la filière pour favoriser l’innovation et l’émergence d’acteurs locaux (par exemple : vulgarisation, conseil portant sur les options de financement (partenariat avec des banques, des organismes de financement et de garantie, institutions qui soutiennent les PME, conventions avec des partenaires), partage de savoir-faire, programmes de renforcement des capacités techniques (personnel et investisseurs), co-développement de projets pilotes avec des start-ups locales, facilitation des interactions entre les décideurs, les ESCOs du secteur privé, les institutions financières, et les clients finaux. Également, le chantier de l’intermédiation financière par la SIE est à envisager afin de faciliter l’accès au financement aux ESCOs et PME locales.
  • La mise à disposition de données sur les résultats des projets d’efficacité énergétique et sur leur impact sociaux et environnementaux pour les autorités concernées : recommandations portant sur les aspects réglementaires et institutionnels concernant les projets d’EE, compilation de données, veille sur les exigences légales, études de marché.

Aussi, la SIE est un point focal des institutions financières internationales souhaitant être impliquées dans les projets d’efficacité énergétique au Maroc.

Enfin, la SIE s’insère dans les coopérations internationales entre le Maroc et ses partenaires, en particulier en Afrique. La SIE propose à ses homologues étrangers ou maitres d’ouvrages internationaux, des services d’assistance technique, de renforcement de capacité et des retours d’expérience, valorisant la compétence et l’expertise de l’écosystème marocain.

 

Project Structuring

As a Super ESCO, SIE provides its partners with expertise and experience in order to leverage investments in the energy efficiency sector. In addition to technical considerations, SIE contributes its know-how in mobilizing financing with the aim of maximizing energy savings, and conducts the financial structuring of its projects according to an integrated approach, based on :

  • Comprehensive assessment of the project's technical characteristics, focusing on the determination or identification of the most affordable technical solution to achieve the project objectives ;
  • Financial analysis of the project, bringing into line the energy saving potential and the gains achieved on energy bills, investments needed, depreciation of installations and equipment, as well as the risks related to the project ;
  • Identification of the most appropriate financing scheme for the project and its beneficiary.

Within the framework of its mission, SIE keeps working, in collaboration with its financial partners, to diversify the existing financing offer on the Energy Efficiency market, by setting up new levers and mechanisms for financing and guarantee. The objective is to promote access of the sector's stakeholders to financing, and achieve the successful completion of projects.

Support for Project Financing

The financing of an energy efficiency project can be achieved by :

  • The clients themselves, from their own resources ;
  • Funding from a lender ;
  • An ESCO, as part of an energy performance contract (EPC).

SIE supports its partners in identifying the most appropriate financing solution for their projects. The Company makes use of its technical expertise and proven knowledge of the various financial mechanisms and instruments available on the market.

Depending on the nature of the project and its promoter, SIE may :

  • Direct the promoter of a State-sponsored project, subject to some conditions, to funding agencies for the mobilization of loans to finance the relevant energy efficiency project ;
  • Recommend project promoters to seek dedicated credit lines, taking into account the nature of the project, the risks and the eligibility criteria of the said credit lines ;
  • Assist and support its clients, using its technical and financial expertise, in carrying out the financial and technical pre-analysis needed to assess the project feasibility.

 

Partnership

Considering the royal guidelines aimed at strengthening the duty of public administrations to set the example in energy efficiency, SIE managed to establish many partnership frameworks for the implementation of energy efficiency measures in cooperation with many public institutions.

Recognizing the importance of carefully tailored financing solutions, according to the different types of projects and project promoters, SIE develops prospecting actions with several financial partners, such as donors, commercial banks, or again loan guarantee institutions for establishing appropriate credit and guarantee lines to the benefit of energy efficiency projects falling within its mandate.

The private financial sector is also approached to determine its appetite and its financial competitiveness for similar purposes. The ultimate goal is to provide energy efficiency players with access to optimal financing solutions whenever this is required by a project.