energy efficiency - solar energy - renewable energy - neerea loan - funding solar - 1% - BDL - banque du liban
Finance your project with NEEREA at 1% interest
The main objective of the National Energy Efficiency and renewable Energy Action (NEEREA) is to support the financing of environmentally sustainable projects, including Energy Efficiency (EE) and Renewable Energy (RE) implementations, by offering soft loans to eligible and feasible projects in Lebanon. NEEREA does so by allowing private sector entities including individuals, SMEs, or even corporate bodies to apply for subsidized loans for any type of EE and/or RE projects.
The green loans are provided through any of the Lebanese commercial banks, which are considered as other important involved parties, to directly reach the end user. New projects, on one hand, can benefit from a repayment period of up to 10 years, beginning after the end of the grace period ranging from 6 months to 4 years. Re-modeling existing projects, on the other hand, can benefit from a repayment period of 10 years, including the grace period ranging from 6 months to 2 years. The interest of a NEEREA loan will range around 1%.
The NEEREA step by step procedure chart is as follows:
For more detailed information about the loan, download the NEEREA brochure >
Yelloblue can take care of all the technical and financial reports required by the LCEC in order to get a green loan.