BNDES (National Bank for Economic and Social Development) has launched a new credit program that will offer around R$330 million to finance projects energy efficiency in Brazil.
FGEnergia (Credit Guarantee Program for Energy Efficiency) aims to promote projects that increase energy efficiency (with reduced energy consumption) and renewable energy generation, such as solar and wind energy.
According to BNDES, the new program can be applied to cover the bank's transfer lines or the accredited bank partner's own lines. "Its use does not consume the partner bank's limit with BNDES," the institution highlights.
To access the request forms and the hip term, click here.
FGEnergia rules:
- The guarantee granted by the program may cover up to 80% of the loan value, which must be a minimum of R$50 and a maximum of R$3 million per company;
- Coverage vary from 12 to 84 months, with a grace period of 24 months;
- Project aimed at micro, small and medium-sized enterprises (MSMEs).
