Energetics and Energy Savings Fund - FEEI SPV (Fond za Energetika i Energiyni Ikonomii - FEEI ADSIC) is a Bulgaria-based special purpose investment vehicle specializing in the securitization of receivables and the structured financing of energy efficiency, energy conservation, and sustainable infrastructure projects. Founded in 2006 and headquartered in Sofia, Bulgaria, the fund operates as a specialized financial intermediary facilitating capital allocation for public, municipal, and commercial energy modernization initiatives across Bulgaria. The company's core operations and portfolio services comprise the secondary acquisition and securitization of future receivables generated under Energy Performance Contracts (EPCs); the provision of liquidity and working capital solutions to Energy Service Companies (ESCOs) through the purchase of guaranteed performance receivables; the structuring, administration, and execution of cession agreements for public and private sector energy retrofits; the long-term financing of energy-saving renovations in public assets, including educational institutions, healthcare complexes, municipal administrative buildings, and street lighting networks; the credit risk evaluation, servicing, and monitoring of performing debt portfolios tied to verified energy reductions; and specialized debt management for renewable energy and thermal efficiency installations. In recent developments, the company has implemented key governance and strategic changes, including the restructuring of its leadership team following the Bulgarian Financial Supervision Commission's approval of newly appointed Board of Directors members, the alignment of its operational and disclosure frameworks with European Securities and Markets Authority (ESMA) standards regarding fund naming conventions and sustainability-related disclosures, and the continued refinement of its asset management policies to address macroeconomic liquidity conditions and evolving energy transition requirements within the domestic market.