Financing of energy infrastructure restoration projects

The main goal of the program is to restore the energy infrastructure damaged as a result of the armed aggression of the Russian Federation, to ensure Ukraine's strategic need for energy independence, to create a stable and efficient energy infrastructure, as well as to activate investments in the sector of renewable energy and energy efficiency, which is a priority task for ensuring and energy security of the country

WHO IS THE PROGRAM INTENDED FOR?

legal entities and individuals - entrepreneurs (location of projects - except for the territories where (large) hostilities are conducted or temporarily occupied by the Russian Federation)

WHAT ARE THE AREAS OF FINANCING (REFINANCING)?

investment projects using renewable energy sources, in particular, but not excluded:

construction of solar, wind, biogas plants, biomass, gas turbine and gas piston power plants, industrial accumulator batteries, highly maneuverable, storage, cogeneration;
for micro and small businesses: power doors/windows, solar panels

FUNDING TERMS
Type	investment credit non-refundable credit line
Currency	hryvnia, US dollar, euro (for micro and small businesses: hryvnia)
Amount	up to 1.5 million euros in equivalent
Deadline	up to 5 years
Own contribution	ot 10% of the project size/equipment cost
Security	surety of the owner(s) owning at least 50% of the borrower's authorized capital pledge of the subject of financing (property rights to the object of investment) under the project the other acceptable security in accordance with the regulatory requirements of the NBU
Interest rate	13.5% per annum for the first hour of financing UIRD 12M*+ 3% starting from the second year of financing
Graceful repayment period	possible deferment of repayment of the loan principal up to 6-12 months or until the facility is put into operation
Borrower class	not lower than 5th class (according to the Regulation on determination of the amount of credit risk by banks of Ukraine for active banking operations, approved by Resolution of the National Bank of Ukraine (hereinafter - NBU) dated 30.06.2016 No. 351 (with amendments))

* de UIRD (Russian Index of Retail Deposit Rates) Ukrainian index of rates on deposits of individuals.
More detailed information about the UIRD index on the website of the National Bank of Ukraine (bank.gov.ua)