Fedesco

Fedesco is rated 3 out of 5 in the category financial services. Read and write reviews about Fedesco. :: The company Fedesco is the Belgian Federal authorities' energy services company and third party investor. Fedesco studies, realizes and finances energy and water saving measures in 1.800 federal public buildings, aimed at reducing green house gas emissions and federal energy bills. This includes investments in the building envelop and technical installations, as well as services and behavior campaigns. Other missions include reinforcing the exemplary role of the Federal authorities applying renewable energy (in particular PV solar panels), knowledge transfer to other non-federal public authorities (cities, provinces, regions...) and stimulating the Belgian market for energy services and third party financing. Fedesco's internal customers are the federal public administrations and other building occupants. Fedesco collaborates extensively with the Federal Building Agency, who owns and manages most buildings. Fedesco is one of the co-founders of the Belgian ESCO Association (BELESCO). :: Key facts and figures Capital: 6,5 million € Debt capacity with state guarantee: 100 million € 100% share holder: Federal Participation and Investment Company (itself owned by the federal authority Annual federal buildings energy bill: >100 million/year Annual federal buildings energy consumption: > 2 billion kWh/year Annual CO2 emissions: > 60000 tons/year CO2 savngs objective: 22% 5 year investment plan: 210 million € :: Management Managing Director: Lieven Vanstraelen Technical Director: Christophe Madam :: Board President of the Board: Jan Verschooten Vice-President of the Board: Edouard Trzcinski Federal Government's Commissioner: François Fontaine