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EPEC - The European PPP Expertise CentreThe European PPP Expertise Centre (EPEC) is a joint initiative of the EIB, the European Commission and European Union Member States and Candidate Countries. EPEC helps strengthen the capacity of its public sector members to enter into Public Private Partnership (PPP) transactions. With the support of a full time Executive made up of experienced PPP professionals, EPEC's Members share experience and expertise, analysis and best practice relating to all aspects of PPPs. |
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The Energy Efficency (EE) MandateThe EPEC EE mandate is funded by DG Energy for the years 2012-2013. EPEC role is to raise the awareness of national authorities on the EU legislation and financing framework related to Energy Efficiency (EE) and Renewable Energy (RE) in buildings and on the use of Structural Funds for investment in EE and RE, with a special focus on public buildings and street lighting. As of October 2012 EPEC is one of the pillars of DG Energy’s Energy Performance Contracting Campaign (EPCC) which promotes and encourages discussion on a business model where the investment in EE is entirely financed by the savings. As part of its general EE mandate and the EPCC, EPEC organises awareness raising and capacity building seminars across the EU, in addition to providing guidance documents and sharing best practices examples. The campaign will see EPEC collaborating closely with the ManagEnergy Initiative and the Covenant of Mayors. |
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The EPC Campaign (EPCC)The EPC Campaign (EPCC) was launched on 11 October by DG Energy during the Renovate Europe Day 2012. Its goal is to enable country-specific discussion and capacity building aroud the instrument of Energy Performance Contracting, to address issues such as balance sheet treatment and grant/loan blending. This serves to increase the confidence of stakeholders regarding the reliability and effectiveness of the EPC model, and help Member States in establishing an enabling legal and financial framework for the energy services market. |
The EPEC EE core team is composed of Stuart Broom, Francesca Carrozza and Snezhina Kovacheva, and the support and expertise of all the EPEC team. The EE EPEC staff regularly liaise with the European Commission and with other EIB teams working on EE/RE to develop a focused, targeted and effective awareness raising campaign.

Stuart has joined EPEC after 10 years working as a Senior Policy Advisor at HM Treasury in the UK in a variety of roles. Since 2007 he was part of the Corporate and Private Finance team specialising in PPPs. During that time Stuart most notably coordinated the publication of the document Infrastructure procurement: delivering long-term value and Guidance on Joint Ventures. Stuart’s academic background is in Economics in which he has a BA (Hons) from the University of Sheffield and an MA in Economics of the European Union from the University of Exeter.
Francesca joined EPEC in January 2012 as Junior Advisor. Her work is focused on advancing energy efficiency implementation in EU Member States through the use of structural funds for investment in energy efficiency and renewable energy improvements in buildings. She also supports EPEC's work on PPP Investment Planning. Francesca is a lawyer by background. She holds a PhD in Civil Law from the University of Messina, Italy and a LLM from Columbia University School of Law in New York. Before joining EPEC, Francesca completed her compulsory legal training in Italy, and qualified for the Italian Bar. She has also worked for the UN Office of Legal Affairs in New York and the European Commission and European Parliament in Brussels.

Snezhina joined EPEC in January 2012 as Junior Advisor to work on advancing energy efficiency investment across EU 27 Member States through PPPs and EU structural funds. She also supports EPEC’s work on emerging solutions to PPP financing. Prior to EPEC, Snezhina was with Bloomberg New Energy Finance in New York City, where she produced research on innovative financial models in the renewable industry. She has completed traineeships with the European Central Bank and Deloitte Management Consulting. Snezhina holds two undergraduate degrees in Economics and Business Administration, summa cum laude, from the American University in Bulgaria with coursework at Duke University. She also holds a master’s degree in Public Policy from the Hertie School of Governance in Berlin, and a master’s degree with focus on Sustainable Energy and Finance from Columbia University in New York.