How does it work?
Public-private partnerships (PPP) are in essence the ESCO model applied to public institutions. The public partner publishes a tender seeking a private partner for an energy renovation, be it for lighting, biomass, cooling, or any other energy need.
The private partner proposes a solution, and if the tender is granted, takes on the entire project from beginning to end. This means providing all the financing, construction work and implementation, and maintenance for the duration of the contract signed.
All risks are taken on by the private partner which guarantees savings to the public partner. The investment is repaid to the private partner from the savings achieved.