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Program for Financing of Energy Efficiency Projects
PROGRAM FOR FINANCING OF ENERGY EFFICIENCY PROJECTS
Energy Efficiency Program is designed together with the European Bank for Reconstruction and Development (EBRD)
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Potential borrowers *
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Enterprises, registered and operating in Bulgaria
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Admissible projects
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Energy-efficiency industrial projects in compliance with the requirements of EBRD
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Currency
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EUR
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Amount
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Max. 2 500 000 euro
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Loan period
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Max. 10 years
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Own participation
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Minimum 20 % (excl. VAT)
VAT amount
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Interest
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Base Rate of UBB in BGN or EUR + margin depending on the risk
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Grant aid*
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15% of the loan amount
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Collateral
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Real estate or movables 150% of the loan amount discounted with the grant aid
Pledge of the subsidy
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Consultancy support
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Clients receive grant aid for technical and financial preparation of projects, carried out by EnCon Services Ltd
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* The Grant aid and the consultancy support are provided either by the European Union or by the Kozloduy International Decommissioning Support Fund through EBRD
