Model for a financial instrument with a grant component to support energy efficiency

This document aims to describe models Managing Authorities (MAs) may use to support energy efficiency projects that combine grants with loans in a single financial instrument operation. The model financial instruments are intended to provide a non-exhaustive insight into the potential for MAs to use the new flexibilities in Article 58 of the Common Provisions Regulation (CPR). The document does not constitute formal guidance and the use of the models remains entirely under the responsibility of the MAs who have to ensure the correct application of the CPR under their own specific circumstances.