11th December 2009

Self Energy UK working with E.ON wins framework contract for UK’s Buildings Energy Efficiency Programme (BEEP).

Self Energy UK is delighted to announce today that it will be working with E.ON's Sustainable Energy Solutions arm to deliver energy efficiency projects in public sector buildings. The two companies beat stiff opposition to win the right to be included on the approved panel of suppliers to the Buildings Energy Efficiency Programme (BEEP).

The Self Energy/E.ON collaboration will sit on the list of suppliers on the framework (known as the framework agreement panel). The model of procurement underpinning the initiative is unique as it significantly simplifies the approach for suppliers and the Greater London Authority. The GLA has set carbon reduction and financial targets that must be achieved which will encourage the suppliers to maximise energy reductions whilst ensuring a financial payback for the project. This approach considerably reduces the financial risk for the Greater London Authority. If targets cannot be achieved on a particular building there is no cost for the initial auditing work, and where work does progress, suppliers are incentivised to deliver the energy savings and the financial payback is guaranteed.

Through the Clinton Climate Initiative (CCI) - part of the William J Clinton Foundation - London is the first city in the world to have launched a framework of approved energy service companies, which cuts through red tape by creating a clever financial model enabling public sector organisations to retrofit their buildings with energy efficiency measures more easily.  Hospitals, colleges and councils will be helped to cut energy use and save millions off their fuel bills under the BEEP initiative and it is estimated if all the public sector buildings in London used this model, they could save around £500 million off bills and the model can be replicated across the UK. Eight per cent of London’s carbon emissions – 3.5 million tonnes annually - come from public sector buildings, so there is huge potential for delivering massive cuts through this programme.

The key players from Self Energy are Paul Lewis, CEO Self Energy UK and Miguel Matias, CEO Self Energy Group. Paul Lewis, commenting today on the partnership, said: “We are delighted to have been working in such close collaboration with E.ON Sustainable Energy Solutions. Working together we will undoubtedly provide the public sector with an extremely knowledgeable and reliable supplier to drive down their energy costs and carbon emissions. London is setting the standard worldwide for efficiency delivery mechanisms and it is an honour to be involved in this groundbreaking initiative.”

Senior Management driving the collaboration forward from E.ON are Michael Woodhead, MD E.ON Sustainable Energy, and Richard Scott, Head of Carbon Consulting, who comments, “We’re very excited about working with Self Energy to help public sector organisations lower carbon emissions whilst taking advantage of this innovative approach to financing projects.”
The framework is available for use by any public sector organisation in the UK. For London-based public sector organisations, the London Development Agency will provide support in the use of the framework. The programme is cost-neutral for organisations as the money recouped through guaranteed energy cost savings over a set period which will fund the investment in improvements.

Notes to Editors

For more information, please contact:

Carol Stevenson
Marketing Manager
Self Energy UK
carol.stevenson@selfenergy.co.uk

About Self Energy UK

Self Energy UK is the UK’s first decentralised Energy Services Company (ESCO) and the leader in decentralised energy delivery. Self Energy is focused on allowing the owners and operators of publicly and privately owned buildings to reduce energy costs, carbon emissions and increase the security of energy supplies. Through industry leading consulting and project management, Self Energy provides the design, implementation, operation and maintenance of decentralised energy assets and infrastructure at potentially no cost to the end user. The Self Energy Group now operates throughout Europe and is currently developing major energy projects in other continents.