All three projects (FinEERGo-Dom, SER, BeSMART) center on financial schemes and de-risking mechanisms for energy efficiency investments.
ECONOLER SA
Bulgarian energy finance consultancy specializing in de-risking mechanisms and financing schemes for deep building renovation across Europe.
Their core work
Econoler SA is a Bulgarian private consultancy specializing in financial mechanisms for energy efficiency and building renovation. They design and support financing schemes that reduce investment risk in deep renovation projects — helping building owners, municipalities, and social enterprises access funding for energy upgrades. Their work bridges the gap between energy policy goals (like National Energy and Climate Plans) and practical financial instruments that make renovation projects bankable.
What they specialise in
FinEERGo-Dom focuses on deep renovation of buildings, SER on social energy renovations, and BeSMART on smart finance for building upgrades.
SER project specifically targets social enterprises and maximizing social impact of energy renovations in the non-profit sector.
BeSMART project organized discussion forums and roundtables on smart finance for smart buildings in Bulgaria.
How they've shifted over time
Econoler SA entered H2020 in 2019 with a technical focus on deep renovation financial schemes — EPC contracts, thermomodernisation, and de-risking tools (FinEERGo-Dom). By 2021, their work broadened to include the social dimension of energy investments (social enterprises, social impact through SER) and policy dialogue (roundtables, NECPs, long-term renovation strategies through BeSMART). The shift shows a move from purely financial engineering toward integrating social outcomes and policy alignment into renovation financing.
Moving toward socially inclusive energy finance — combining de-risking expertise with social impact measurement and policy engagement, which aligns with the EU's growing emphasis on just transition.
How they like to work
Econoler SA operates exclusively as a participant, never leading consortia — suggesting they contribute specialist knowledge rather than managing large projects. With 26 unique partners across 10 countries from just 3 projects, they work in mid-to-large consortia and have broad European exposure. This profile is typical of a consultancy that brings sector-specific financial expertise to diverse teams.
They have collaborated with 26 different partners across 10 countries through three CSA projects, giving them a wide European network for a small company. Their connections are concentrated in the energy efficiency finance community.
What sets them apart
Econoler SA occupies a niche at the intersection of energy efficiency and financial engineering — specifically designing financing schemes that make deep renovation projects investable. As a Bulgarian SME, they bring Central/Eastern European market knowledge to pan-European consortia, which is valuable since CEE countries face some of the largest building renovation challenges. Their combination of financial de-risking expertise with social impact awareness is relatively uncommon among energy consultancies.
Highlights from their portfolio
- FinEERGo-DomTheir largest project (EUR 271k) focused on guaranteed financing for deep building renovation — their core competency and likely the project that established their H2020 track record.
- SERExtends their financial expertise into social enterprise territory, targeting clean energy investments that maximize social impact — a distinctive angle in energy renovation work.