1 First enquiry

If you are interested in possibilities of getting financing from NEFCO to your green project, we kindly ask you to contact our investment expertise and present your project idea to us.


2 Project proposal

NEFCO’s environmental specialists will first give an opinion of the project’s expected environmental benefit and/or threats.

To get a better understanding of the proposed project, NEFCO will normally request you to provide additional key information of the project in the form of a prefeasibility study or a business plan, including preliminary calculations on financial feasibility, and a summary on environmental improvements.

NEFCO’s detailed project screening determines which projects we deem are likely to have a significant positive environmental impacts or relate to environmentally sensitive areas and therefore need further environmental consideration. The screening is carried out before  possible presentation of the project to the Board.


3 Expression of interest

If the project is deemed interesting by NEFCO’s Investment Committee, a summary document is prepared by the Investment Manager and presented to the Board of Directors for  possible approval to continue preparation of the project.


4 Further elaboration

After the Board has approved the project for continued preparation, the project idea needs to be further elaborated by the proponent in the form of a more detailed analysis. This analysis should define and analyse the environmental improvements, positive and negative environmental impacts, markets, production, technology, organisation, financing, profitability, etc.


4 Board approval

If NEFCO’s Investment Committee decides to recommend the project proposal for financing, the project proposal is submitted to the Board for approval.


5 Preparation of financing terms and agreement

Once the Board has approved the project proposal for financing, NEFCO will prepare a Term Sheet setting out main commercial terms and conditions for the financing NEFCO can offer. Once the Term Sheet has been signed, NEFCO will start preparing the financing documentation.


6 Project implementation

After signing of the loan documentation, the borrower will be required to provide information enabling NEFCO to monitor the implementation and the environmental performance of the project.

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7 Monitoring

The Borrower will be required to provide information to NEFCO in order to perform an environmental post-evaluation and lessons learned of the project.

Need further information?

Contact us or read our guidelines