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NEFCO offers small scale financing for energy saving measures in social objects i.a. schools, kindergartens, hospitals, sports facilities and street lights in Russian and Ukrainian municipalities where repayment of the loan is directly tied to the savings of the investment. In Russia the loans are provided in local currency through Russian banks.
Implemented projects
So far 12 projects have been implemented, mainly in schools and kindergartens, in Northwest Russia and 15 - 20 new projects are in pipeline for NEFCO's consideration. The total investment in these 12 projects is approximately EUR 3 million.
Project criteria
Typical projects approved for financing
Project monitoring and reporting to NEFCO
NEFCO's Facility for Energy Saving Projects amounts to DKK 44 million (EUR 6 million).
Read more: Energy Saving – Case Studies
For further information regarding NEFCO's Energy Savings Credits, please contact
Elisabet Paulig-Tönnes, Senior Manager at elisabet.paulig-tonnes@nefco.fi or +358 10 618 0642.