ELENA Program with DB Energy – up to 90% grant for investment preparation

Preparing technical documentation is often the biggest barrier to implementing an energy investment. Thanks to the ELENA Program – funded by the European Investment Bank – industrial companies can receive up to 90% grants for analyses, audits, and technical projects necessary for implementing energy modernizations. DB Energy, as an official program partner, supports companies throughout the entire process: from qualification, through documentation preparation, to investment implementation.

Rising energy costs, decarbonization pressure, and ESG requirements are pushing companies to invest in energy efficiency. However, the most common barrier is not technology – it is the cost and complexity of preparing documentation. The ELENA Program, funded by the European Investment Bank, addresses this issue – allowing companies to cover up to 90% of consulting service costs at the investment preparation stage.

DB Energy, as a technical partner of the Employers of Poland, provides the full range of services eligible for funding – supporting industrial companies in moving from concept to complete investment documentation.

Under the ELENA program, financial support can be obtained for services such as:

• Energy efficiency audit and energy audit (ex ante)
• Investment feasibility study
• Cost-Benefit Analysis
• Financial model / economic analysis of the project
• Technical documentation
• Energy performance certificate
• Applications for financing (e.g., FENG, green loan, other sources)

Funding covers up to 90% of the net value of the above services – the investor only pays 10% gross.

The program covers documentation preparation for projects leading to at least 30% reduction in primary energy consumption, including:

• Thermal modernization of production and service buildings,
• Lighting system modernization,
• Improvement of heating and cooling systems,
• Integrated renewable energy installations (e.g., PV, heat pumps),
• High-efficiency gas cogeneration (if part of a comprehensive efficiency package).

Not eligible: construction of new buildings, standalone renewable energy installations (e.g., PV farms), and fossil fuel boilers (except gas boilers with efficiency >90%, as part of a broader package).

1. The company signs a tripartite agreement with DB Energy and the Employers of Poland
2. DB Energy provides consulting services
3. After service acceptance, the investor pays 10% net
4. The remaining part (90%) is covered by the grant

There is no obligation to use a specific source of investment financing – it can be FENG, a loan, leasing, or own funds. The key requirement is that the investment is initiated and documented, and the environmental effect is achieved or planned.

• 15 years of experience in industrial energy efficiency
• Over 1,500 completed projects in Poland and abroad
• Expert engineering and financial team
• Experience in preparing documentation for FENG, green loans, and EED audits
• Partnership cooperation with the Employers of Poland