Overview and Benefits
This loan has been designed for larger projects with more complex energy efficiency and renewable energy requirements, which also demand deeper technical analysis.
This is why the Assisted Project Loan offers additional benefits such as an attractive investment incentive grant and free technical assistance! Our technical assistance helps clients identify and develop sustainable energy investments, and prepare their loan applications.
|Maximum loan amount||Up to 100% of the investment cost with a maximum of USD 5 million for projects up to USD 10 million.|
|Loan currency||EGP, USD or EUR.|
|Interest rate||3% + Central Bank of Egypt's lending rate for EGP with a minimum of 12%; 4% above 6 months Libor for USD; 4% above 6 months Euribor for Euro.|
|Repayment Period||Up to 5 years (including a grace period up to 1 year).|
|Investment incentive grant||10 or 15% off investment cost or disbursed loan amount whichever is lower excluding custom duties and taxes (incentive % depends on technical elements of the project).|
|Free technical assistance||Available (assistance in application and documentation).|