BundleUP NEXT · Next-Level PDA Methodology to Enhance Public and Private Sustainable Energy Projects

The BundleUp NEXT project builds on the successful experience of BundleUP (Ponto Energia), a PDA project funded by Horizon 2020, which has developed a very effective methodology that resulted in over 32M€ of investment in energy efficiency (EE) projects (32€ for every 1€ of grant) in Portugal. The BundleUP methodology incorporates energy efficiency projects in different stages of development and proceeds to technical, legal and financial development assistance to bring them to the “investor-ready” (or “tender-ready” in case of public sector) stage. The methodology also focuses on grouping small projects in bundles, in order to provide procurement advantages and more attractiveness for investors and building owners. Due to the success of its predecessor and the strength of the consortium partners, BundleUP NEXT has received more than 60 letters of support and the formal endorsement of the Portuguese Deputy Minister for Energy and the national Directorate-General for Energy and GeologyBundleUP NEXT will focus on the following project types: LED and public lighting, PV self-consumption, solar thermal, building envelope and electric mobility, creating a complete array of competences to support projects in any part of Portugal. The project is promoted by a concise and powerful consortium composed by PARITY, experts in sustainable energy investment and coordinators of the previous BundleUP project, ADENE, the national energy agency of Portugal with extensive experience in PDA and close ties to the public central administration, RNAE, the national network of local energy and environment agencies, establishing the projects connection to local administration all across the country and SRS, a law firm that was also part of the BundleUP project with extensive experience in the public and energy sectors. The project is expected to leverage up to 50M€ of investment, overcoming its predecessor’s success (around 1:50 leverage factor on the requested grant).