Energy efficiency financing

Supporting the desire of companies in various sectors of economy of Ukraine to use energy efficient technologies in their daily activities instead of old energy-intensive, OTP Bank JSC put the goal of stimulating companies to use equipment, the use of which would reduce costs and different forms of energy (electricity, gas, heating, etc.) by providing funding in frame of the project ENERGY EFFICIENCY.

ENERGY EFFICIENCY – is investment credit which is provided to legal entities directly by OTP Bank JSC (without the involvement of international financial institutions) for the following purposes:

Purchase new energy-efficient equipment

Modification of existing equipment with the purpose of energy saving

Refinancing of costs, previously incurred by the company to implement energy-saving technologies

Examples of equipment, which OTP Bank is ready to invest are, but not limited to, mini-thermal power plants, boilers and heaters that run on biomass, sawdust, coal, peat, LED-lamps, control systems of energy consumption, recovery system of exhaust, water and heat, compressors, pumps and motors that operate with varying loads, etc.

The conditions under which funding is available, are balanced and meet the needs of potential borrowers, first of all for household agri-industrial companies and manufacturing companies

loan amount: not less than 4 000 000 UAH in eqv;
bank finances not more than 70% of the project budget (including VAT);
currency: UAH, USD and EUR (foreign currency funding is primarily provided to borrowers with foreign exchange earnings in an amount sufficient to service the loan);
cost of financing is determined individually according to the market situation, taking into account the financial condition of the borrower, collateral, and other factors;
type of financing: term loan;
term: not more than 5 years with monthly repayment installments;
collateral: funded equipment and other assets;
additional requirements for the borrower: the private company, with profitable activities and stable financial position;
additional requirements for projects: Bank finances projects that complement and reinforce the business that already exists (financed project should not be the main source of cash flow to service the loan), the term of the project should not exceed one year.

Partners of the Bank

If you have questions about your company participating in the program of Energy Efficiency financing, please contact the authorized staff who will provide you with comprehensive information and help to make the next step in the program:

Yegor Borysov (044 490 11 7, yegor.borysov@otpbank.com.ua)
Yaroslav Parkhomenko (044 490 05 89, yaroslav.parkhomenko@otpbank.com.ua)