The National Agency for Energy Management and the Tunisian Guarantee Company have concluded a new agreement aimed at relaunching the guarantee fund dedicated to energy efficiency and renewable energy projects. An initiative intended to strengthen financing of the energy transition and stimulate sustainable investment.
A financial mechanism relaunched to support businesses
A new partnership agreement was signed this Thursday, December 18, between the National Agency for Energy Management (ANME) and the Tunisian Guarantee Company (SOTUGAR), with the aim of reactivating the Energy Efficiency Guarantee Fund. The agreement was initialed by the Director General of ANME, Nafaâ Baccari, and the President and CEO of SOTUGAR, Amel Zaoui, in the presence of executives from the two institutions.
This system aims to facilitate companies’ access to bank financing for projects linked to energy management and renewable energies, by reducing the risks borne by credit institutions.
Resources redirected towards the energy transition
Created as part of an energy efficiency pilot project, the fund has been managed by SOTUGAR since 2004. It guarantees loans granted to manufacturers for the implementation of energy projects via energy service companies. The mechanism receives financial support from the Global Environment Facility, in collaboration with the World Bank.
The resources currently available are estimated at approximately 15.4 million dinars. Under the terms of the new agreement, these funds will be reallocated to financing energy transition projects through medium and long-term credits, with a commitment ceiling set in order to ensure the financial balance and sustainability of the system.
This recovery is presented as a strategic lever to encourage productive investment, support the national economy and accelerate the transition to a more sustainable and resilient energy system.
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