Energy Service Company (ESCO)
By Hans De Keulenaer / Published on Wed, 2007-10-17 15:44A natural or legal person that delivers energy services and/or other energy efficiency improvement measures in a user’s facility or premises, and accepts some degree of financial risk in so doing. The payment for the services delivered is based (either wholly or in part) on the achievement of energy efficiency improvements and on the meeting of the other agreed performance criteria.
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