|Date Ended:||31 December 2012|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Loans|
|Policy Target:||Wind>Onshore, Bioenergy>Biomass for heat, Bioenergy>Biomass for power, Geothermal>Power, Hydropower, Wind|
|Policy Sector:||Multi-sectoral Policy|
|Size of Plant Targeted:||Small and Large|
|Agency:||National Fund for Environmental Protection and Water Management (NFOSiGW)|
Starting in 2009, the National Fund for Environmental Protection and Water Management (NFOSiGW) has made available special funding up to EUR 1.5 billion to support investment in and construction of renewable energy and high efficiency cogeneration facilities.
The fund classifies projects according to category:
The programme will offer low-interest loans for projects with a minimum total cost of EUR 10 million. Loan amounts can range from EUR 4 to 50 million, up to 75% of the projects eligible costs, with a fixed 6% interest rate. Funding can be offered for up to 15 months following the first disbursement amount. A grace period of up to 18 months following project completion can be provided under certain circumstances. Under certain conditions, portions of the loan can be provided as grants.
Last modified: Wed, 10 Jul 2013 17:12:05 CEST