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Name |
Latvia Energy Efficiency Fund II |
Status |
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Active |
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Funding Mechanism |
Loan fund |
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Duration |
1999 - |
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Objectives |
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Sponsors |
EU Commission PHARE, Latvia Ministry of Economics |
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Eligible Sectors |
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Eligible Projects/Technologies |
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Fund Endowment |
EUR€ 2.6 million (1 million is available for municipalities and 1.6 million for private enterprises) |
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Terms |
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-Funding Instruments |
Loans for municipalities are given only with State Treasury participation and co-funding/ Loans for private enterprises with commercial banks and co-funding |
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-Interest Rates |
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-Payback |
Lower than the previous fund but with stricter eligible conditions |
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-Size |
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-Collateral |
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-Share of loan in project cost |
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-Loan criteria |
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Comments |
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Sources |
Latvian Investment and Development Agency |
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Contact Information |
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