The guarantee, which can cover up to 80% of the financing amount, is granted for new loans intended to cover investment expenses and/or working capital necessary for the implementation of the investment project in the field of renewable energy, including loans for projects financed from non-reimbursable funds.
The new guarantee scheme complies with the European Commission’s Communication on the application of Articles 87 and 88 of the EC Treaty regarding the State aid in the form of guarantees, intended to facilitate access to finance for project companies/Special Purpose Vehicles (SPVs), implementing investment projects designed to contribute to achieving the objectives of the European Green Deal, as a strategy for sustainable growth of the European economy and combating climate change, in line with the EU commitments, including the national objectives set out in the National Recovery and Resilience Plan,”Energy” component (PNRR-E).
Exim Banca Românească is a 100% Romanian universal bank, ranked among top 10 largest credit institutions by assets. The bank offers its clients, individuals and corporate, a wide range of products and services, adapted to their needs.