Home Business clients Loans Green Finance

Green Finance

We have designed and promote green loans to support investments in energy efficiency, renewable energy and environmental protection. ProCredit Bank actively seeks to increase the share of green loans in its total loan portfolio and aims to reach a level of 20%. As of July 31, 2018, the bank's outstanding green loan portfolio amounted to EUR 72.9 million comprised of 574 loans. The share of the green portfolio in the bank's total loan portfolio is 14.2%.

The following investments are considered eligible for green loans:

Category Investment
Renewable Energy
• PV plants
• Biomass installations
• Biogas plants
• Wind power plants
Energy Efficiency • Highly efficient production equipment
• Agricultural machinery
• HVAC and lighting systems
• Commercial vehicles
• Irrigation systems
Environmental Protection • Resource efficient production equipment
• Waste recycling systems
• Air and water treatment systems
• No-till and mini-till equipment
• Organic agriculture and production of certified organic products

Key advantages:

  • Stable source of additional revenue based on feed-in tariff
  • Increased productivity due to investments in front-end, energy efficient equipment
  • Improved product quality due to investments in resource efficient machinery and production lines
  • Greater recognition as an environmentally sustainable manufacturer which invests in environmental protection measures

Loan conditions:

  • 5-6% per annum in EUR
  • Maturity up to 120 months
  • Investor’s contribution is 20% of the project cost
  • Loan amount up to EUR 5 million
  • Differentiated collateral approach; before RE plant commissioning - RE equipment and additional collateral of up to 20% of the loan amount; upon plant commissioning – the SPV itself
  • Grace period up to 12 months, as well as seasonality adjusted loan repayment schedule
Updated on 15.11.2018 15:37:28
Created by Boldendeavours