Financial modelling and PPP in smart cities and islands projects.
How to prepare, procure and contract sustainable smart street lighting projects?
In cooperation with Centre for Support to Smart and Sustainable Cities, University of Rijeka, ESCO Group Ltd. develop a deterministic complex financial model which simplifies public procurement process for PPP projects and also can be used in ESCO projects.
Our aim is to create an integral system for assessment of profitability, liquidity and bankability of smart street lightening projects. This project will contribute to effective and transparent procedure of procuring private partners in PPPs or in EPCs to public clients. We hope that this project will increase confidence in PPP model of procurement in Republic of Croatia.
The project was co-financed by the European Union from the Operational Program Competitiveness and Cohesion 2014-2020.