Renovation of Private Sector Buildings Grant Scheme
This incentive seeks to assist enterprises, through cash grants, to part-finance investment to improve energy efficiency, reduce energy demand, lower carbon emissions and limit energy waste through the retrofitting of private sector buildings.
Who is eligible?
The scheme is open to micro-, small-, medium- and large-sized enterprises engaged in economic activity, irrespective of their legal form, subject to exclusions.
It is important to note that any enterprises whose principal activities fall under the following sectors and sections of the NACE Rev. 2. are ineligible for the Renovation of Private Sector Buildings Grant Scheme outlined above:
Agriculture, Forestry and Fishing (NACE: Section A |
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Transport Sector (NACE: Section H49, H50, H51 |
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Manufacturing, Processing and Marketing of Tobacco and Tobacco Products (NACE: Section C12) |
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The Shipbuilding Sector (NACE: Section C30.1) |
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Gambling and Betting Activities (NACE: Section R92) |
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Energy Generation, Distribution and Infrastructure |
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The Steel Sector |
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The Coal Sector |
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The Synthetic Fibres Sector |
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Training and Mentoring Activities |
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Investment in Airport Infrastructure |
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Investment in the decommissioning / construction of Nuclear Power Stations |
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Public Entities |
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Undertakings whose activities include, directly or indirectly, the provision of any of the eligible expenditure |
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Undertakings that have the internal capability to develop or retail any of the eligible expenditure |
What actions are eligible?
Eligible actions include any investments that reduce the Primary Energy Demand (PED) of buildings. The building renovations undertaken are to lead to a reduction of PED of at least 30%;
In case of construction and demolition, the measure also requires that at least 70% of the non-hazardous construction and demolition waste generated on-site shall be prepared for re-use, recycling and other material recovery, including backfilling operations using waste to substitute other materials; and
Any investment must be maintained for at least 3 years in the case of an SME, or 5 years in the case of a large enterprise, following the completion of the investment operations.
What expenditure is eligible?
This grant scheme supports your investments in systems and interventions on the building envelope that lead to a higher level of energy efficiency and reduce the building's energy used for:
Heating;
Cooling;
Ventilation;
Hot water; and
Lighting
For every investment, the following documents must be submitted:
An Energy Performance Certificate (EPC);
Statement by a warranted Architect or Engineer - determining the compliance of the building with the BCA Guidance Document ‘Technical Document F - Minimum Energy Performance Requirements for buildings in Malta’ and detailing the state of repair of the building in question;
Statement from a warranted Architect or Engineer - listing the interventions being proposed and the projected reduction in PED; and
For each intervention included in the application, it is to be specified whether the particular intervention is identifiable as a distinct energy efficiency cost, and, where it is not; the energy efficiency cost is to be determined by referencing the proposed intervention with a similar less energy efficient investment that would have been credibly carried out without the aid.
What aid will be awarded?
The maximum funding amount you can receive under this scheme is €350 per square metre, capped to a maximum of €1 million per undertaking. The amount of aid shall depend on the set intensities as follows:
Combination of the Grant Scheme and EERE Malta Financing: the EERE Malta Financial Instrument, administered by both BOV and APS, aims at reducing financial cost through an interest rate subsidy attached to it. As a result, this can be combined with the Renovation Grant Scheme and serve an interest free loan with respect to the remaining 70% of the investment, not being financed by the Renovation Grant Scheme.
What is the application process?
The scheme shall be administered through a series of competitive calls for eligible undertakings to submit their applications before the deadline for submission. Applications will be assessed, and eligible applications scoring at least 50% of the selection criteria shall be ranked accordingly.
This scheme will remain operational until 31 December 2023, subject to the availability of funds. Since the scheme operates on a reimbursement basis, the beneficiary is also required to complete a claims process throughout the project.
Retrofitting and energy efficiency investments should be concluded within 24 months of the grant agreement. Extensions may be considered, however, all investments are to be completed by 31 December 2025. Aid is awarded following the relevant terms and conditions of de minimis aid in line with Commission Regulation (EU) No 1407/2013.
Key deadlines
The call for applications will be open up to Friday, 28 April 2023 at noon and will be renewed through open rolling calls until 31 December 2023, subject to the availability of funds.
How can we help?
With years of experience working with EU funding schemes, our team of professionals in advisory can help you develop solutions to face your challenges and operate more profitably, with the support of our international network. We can assist you in making value-adding decisions by identifying opportunities within your operations and carefully selecting the most suitable funding scheme available. We will also support you throughout the application process.
Should you require any further information or have any queries on these schemes, or the support that we offer, including on entity eligibility, please do not hesitate to reach out to us for further guidance.
