Engineering and construction specialist insurer HSB Engineering Insurance has pledged to join the Sustainable Energy Asset Evaluation and Optimisation Framework, a €1.7 million project funded by the European Commission to help SMEs access energy-efficient investments and capital
SEAF’s goal is to help businesses become more energy-efficient, reduce carbon footprints, and create more jobs via a streamlined software platform that allows independent project valuation, insurance and design standardisation.
Spearheaded by Assets Europe AB, SEAF also involves Verco and the University of Manchester of the UK, the Aristotle University of Thessaloniki, Greece, and Servizi Energia Ambiente Srl of Italy.
“There is an increasing need to improve the ease of access to funding for energy efficiency projects; particularly for SMEs. The SEAF initiative enables HSB to join forces with other energy efficiency experts across Europe to find solutions to aid investment in this important area,” said Stephen Worrall, managing director, HSB Engineering Insurance.