Project Overview
The Mart, a leading retail company in Greece since 1992, sought to modernize its refrigeration systems to improve energy efficiency, reduce operational costs, and align with environmental regulations. This investment was crucial to supporting the company’s long-term growth while ensuring sustainability in its operations. However, obtaining financing through the Recovery and Resilience Facility (RRF) required meticulous planning, documentation, and compliance with stringent eligibility criteria.
From feasibility to funding—our expertise in investment planning, compliance, and financial strategy ensured The Mart secured the capital for its sustainable transformation.
Our team provided end-to-end consulting services, preparing and submitting the necessary investment files, ensuring regulatory compliance, and securing the €9.35 million loan that enabled The Mart to execute its vision.
Our Approach
To successfully guide The Mart through the funding process, our team followed a structured, multi-step approach:
- Assessed the viability and potential impact of the investment project and provided strategic guidance to optimize the investment plan and align it with RRF funding priorities
- Documented expense eligibility based on RRF pillars and assessed the intervention’s green tagging impact.
- Conducted a compliance report ensuring the investment aligns with both national and EU environmental frameworks and a technical assessment to verify compliance with the Do No Significant Harm (DNSH) principle, ensuring that the investment does not adversely impact environmental sustainability.
- Prepared and submitted the full funding application, documentation, and compliance reports.
- Established a monitoring framework to track project implementation and ensure compliance with funding requirements
Impact
The successful funding approval has unlocked transformative benefits for The Mart:
- Energy Efficiency
- Operational Cost Reduction
- Business Growth & Competitiveness
- Brand Strengthening
By effectively securing funding and ensuring compliance, our team has enabled The Mart to realize its vision for a sustainable, efficient, and future-proof retail operation.
