Published on 13 January 2020
About this good practice
Mazovian Regional Loan Fund and Mazovia Energy Agency, acting as a Financial Intermediary for the funds of the Mazovian Voivodeship Trust Fund, announced the call for applications for financial support in the form of a preferential loan for the implementation of projects in the field of energy and air protection. The total amount of trust fund funds of the Mazovian Voivodeship for loans is PLN 50 million app. EUR 11.6 milion. For the loan can apply the SMEs and local government units from Mazovia Region. The scope of projects possible to support in the form of a loan includes: building insulation;replacement of windows, external doors and lighting for energy-efficient; reconstruction of heating systems (including replacement and connection to a heat source); reconstruction of ventilation and air conditioning systems; energy management systems; installation of RES in energy-efficient buildings; installation of cooling systems, including renewable energy sources; installation of measuring systems. Loans are granted in PLN. The unit loan amount is the range PLN 1,000,000.00. -10,000,000.00. The period of the loan, calculated from the date of signing the contract to the date of the final repayment of the loan, may not exceed 20 years (240 months).A grace period for repayment of loan principal is possible for a period of 12 months from the date of signing the contract. There is no grace period for paying interest.
The total amount of trust fund funds of the Mazovian Voivodeship for loans is PLN 50 million app. EUR 11.6 milion. Two organizations are involved: Mazovian Regional Loan Fund and Mazovia Energy Agency, acting as a Financial Intermediary for the funds of the Mazovian Voivodeship Trust Fund.
Evidence of success
The energy loan will anable to trigger new investment in the sector of energy and will result in increased new investments in sustainable energy projects at app. EUR 11.6 milion. As the value of one loan ranges from EUR 230 thousand to EUR 1.2 milion it is planned to carry out from 9 to 50 new investments in the field of building energy modernization.
Potential for learning or transfer
The idea of energy loan can be import and implemented in other European regions to trigger and support new investment in the field of clean energy.