Support to setup Super ESCO facility in Rwanda as a vehicle to promote energy efficiency

Promoting energy efficiency through Energy Performance Contract (EPC) concept is relatively new in Rwanda and needs a wide range of individual, institutional capacity building, legal and regulatory frameworks to enable the development of the Energy Services Company (ESCO) market, and implementation of the Super ESCO. A Super ESCO facility in Rwanda has the potential to accelerate energy efficiency by focusing exclusively on the public sector (hospitals, schools, municipalities, public buildings, street lighting, water pumping stations, wastewater treatment plants, and other public facilities) and support the development of private sector ESCO market in Rwanda. A Super ESCO will bundle projects in the targeted sub-sectors to reduce technical risks and facilitate financing. The size and credibility of Super ESCO as a public institution allow them to foster the growth of a nationwide domestic ESCO sector and provide financing for EE projects.