Credits for energetic efficiency conceded to private companies

The European Bank for Recons-truction and Development, EBRD, launched the first facility of lending the Romanian private companies which activate in the industrial area, for financing the projects of increasing of energetic efficiency.   The European Bank set up more financing lines meant to the native banks, which at their turn grant loans to the interested companies and that respect the conditions of accessing the money. Three agreements have already been signed, announced EBRD, with BCR for 20 millions euro, CEC (10 millions euro) and Transylvania bank (five millions euro).

The loans are part of the common program of EU and EBRD amounted to 100 millions euro for the financing of the energetic efficiency projects from Romania and Bulgaria.  The program is completed with Phare funds of 24 millions euro for granting from EU. “ The main purpose represents the encouragement of enterprises to use better the energetic resources in order to control better the costs and to reduce the energetic intensity of the industrial products”, it is shown in the EBRD communicate. The executive president of BCR, Manfred Wimmer, estimates that the bank will finance 30-40 projects, the medium value of these being of 500.000 euro. The interest value will depend of the clients’ reliability and of the presented project. The maximum value of a loan that could be granted by any of the banks will be of 2,5 millions euro, and 15% of the loaned value will be returned by a grant of EU.

In order to obtain a loan will be eligible the private companies by the industrial area from Romania, which want to invest in the purpose of a permanent cut of the monthly consumption of electric energy or of the expenditures for the fuel payment, being aimed minimum energy savings of 20%.    „The enterprises must invest in the modernization of equipments. For this they must take a loan from the banks. Today we sign loans of 35 millions euro. The total amount available is of 100 millions euro, for Romania and Bulgaria”, stated Jean Marc Peterschmitt, director of  EBRD.