LAUNCH is a 2.5-year EU funded project started in May 2019, which aim to accelerate deal closure and pipeline growth for Sustainable Energy Assets through standardised, investor grade Energy Performance Contracts, standardised risk assessment protocols for investors, a roadmap for project developers towards accessing growth capital, and market-tested value propositions for developers’ end-clients. The LAUNCH consortium will pilot these tools with developers, projects, and capital providers. All material will be reviewed by the LAUNCH Investor Board, comprising 20 institutional investors and finance professionals from across Europe.

The project consortium is composed by Joule Assets Europe (Italy), leading the consortium, research institution TNO (Netherlands), BNP Paribas Fortis (Belgium), EnerSave Capital (Luxembourg) and New Energy Group (Ireland). Additionally, twenty financial firms have agreed to join the LAUNCH Board, which will play a key role in reviewing and testing project deliverables.