EBRD credit line for energy efficiency

Free consulting assistance of experts in this area is available to all beneficiaries of this credit line.
EBRD support

On 23/10/2018, Banca Intesa a.d. Beograd and the European Bank for Reconstruction and Development have signed an agreement on using the credit line within the program entitled “EU / EBRD Western Balkans Sustainable Energy Financing Facility II”.

The loan agreement was entered into in the amount of EUR 15,000,000 and these funds will be used to finance suitable projects whose goal is to reduce energy consumption by at least 20%, or reduce CO₂ emission by at least 20%.

For the purpose of successful execution of individual projects, EBRD has ensured free consulting assistance by experts from this area to all potential beneficiaries of this credit line.
 

Loan terms

Credit line beneficiaries

The beneficiaries can be:

  • private companies, regardless of size,
  • public utility companies and local self-government units,
  • ESCO companies (Energy Saving Companies) in charge of realization of energy efficiency projects in cooperation with one or more local self-government units.

Investment incentives / grants

After the successful realization of the investment project, end-users are entitled to grants, namely private sector clients in the amount of 5–10%, and public sector clients in the amount of 10–15% of approved loan.

Purpose of credit line assets

Credit line assets can be used for:

  • purchase, reconstruction or expansion of fixed assets (buildings, equipment, machines), the purpose of which is increase in the company's energy efficiency,
  • financing the construction of renewable energy sources of smaller size,
  • energy efficiency projects in public and private building construction,
  • projects of improving the energy efficiency of municipal infrastructure and equipment.

Loan terms:

  • maximum loan amount: EUR 2,000,000 for private sector clients, i.e. EUR 2,500,000 for public sector clients
  • loan period: up to 7 years
  • grace period: up to 2 years

Contact e-mail sme@bancaintesa.rs
 

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