The project was implemented on the basis of an Energy Performance Contract and allowed to reach savings of about 40% of steam and 20% of electricity, for example through better insulation of the machines. Pragoperun’s project is only one of many energy efficiency projects that have been financed under PF4EE in the Czech Republic and which achieve economic benefits and substantial energy savings for SMEs at the same time: Komerční Banka has loaned about € 33.5 million to over 50 clients in the Czech Republic so far.
Jan Rosen, a product manager at Komerční Banka, highlights the environmental aspects of projects like the one of Pragoperun and of PF4EE as a whole: “The main criteria were that the clients’ projects had to be motivated by a reduction of energy consumption – not just profit”. Drahomíra Lamserová, KB Public Programmes Manager, adds that there is a big potential for energy efficiency financing in the Czech Republic since many premises are quite old and thus could improve their energy performance through measures such as insulation, new ventilation systems, or more efficient heating. Alexandra Almeida, Senior Loan Officer at EIB, emphasizes the good collaboration with Komerční Banka: “I am very fortunate and happy to have helped Komerční Banka identify eligible projects and make this facility a major success for both our institutions.”
The PF4EE story Cleaner laundry for the Czech Republic is featured in the European Investment Bank’s podcast series Future Europe. Future Europe outlines innovative ideas on societal and technical aspects of tomorrow's EU.