OTP Bank and Rayton expand partnership: businesses gain access to solar energy financing from 0.01%
OTP BANK JSC and Rayton are strengthening their cooperation in financing energy-efficient solutions for Ukrainian businesses. The parties have signed a partnership agreement that provides access to solar energy financing starting from 0.01%.
From now on, companies planning to implement energy projects together with Rayton will gain access to tailored financial solutions offered by OTP Bank. As part of the partnership programme, clients may also benefit from preferential rates under the government programme “Affordable Loans 5-7-9%” (implemented by the Government of Ukraine at the initiative of the President of Ukraine through the National Development Institution), as well as EBRD compensation of up to 30% of project costs, ensuring comprehensive solutions for energy development.
For example, energy projects with a value of up to USD 500,000 may be financed with no loan origination fee.
For energy projects exceeding USD 500,000:
- currency: UAH
- interest rate for the first 4 months (annual): 0.01%
- subsidised interest rate starting from month 5 (annual): 7%*
- loan tenor: up to 84 months (7 years)
- fee: none
- collateral: equipment financed under the project
*Applies within the framework of the government programme “Affordable Loans 5-7-9%” subject to the borrower’s compliance with its requirements.
Rayton specialises in comprehensive solar energy solutions for businesses. The company provides design, supply, installation and maintenance of solar power plants and industrial energy storage systems, as well as full project support. Solar power plants can be installed in any locality across Ukraine.
“Today, energy resilience is becoming an additional advantage for businesses, as it helps ensure operational continuity and enables further development planning. OTP Bank aims to provide its clients with more tools to strengthen energy independence, and therefore continues to expand partnerships with companies that have proven experience in implementing energy projects and are ready to offer comprehensive solutions. This allows enterprises to smoothly transition to modern energy consumption models and invest in energy independence without placing excessive pressure on their budgets,” said Ірина Кабанцева, Head of Alternative Sales Channels Projects and Programmes at OTP Bank.
OTP Bank’s financing programme offers favourable terms and solutions tailored to each client’s needs. An individual approach to financing structuring, flexible repayment schedules and competitive interest rates enable the rapid implementation of energy-efficient projects.
Detailed information about the programme is available at the link.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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