The Pilot Egypt Sustainable Energy Financing Facility (EgyptSEFF)

The Pilot Egypt Sustainable Energy Financing Facility (EgyptSEFF) is a new credit line dedicated to energy efficiency and renewable energy investments in Egypt. It was developed by the European Bank for Reconstruction and Development (EBRD) and managed by MWH Global and the Regional Center for Renewable Energy and Energy Efficiency (RCREEE).

EBRD’s record success in international SEFF projects combined with RCREEE’s local expertise and the extensive technical knowledge of MWH position EgyptSEFF as the ideal partner to help businesses grow more efficiently than ever before.

Depending on the project type and its successful implementation, grants worth 10% or 15% of the investment value or disbursed loan amount are provided to beneficiaries of the EgyptSEFF loans. These investment grants are supported by the Southern and eastern Mediterranean (SEMED) Multi-Donor Account (MDA). Contributors to the SEMED MDA include Australia, Finland, France, Germany, Italy, Netherlands, Norway, Sweden, Taipei China and the United Kingdom.” Presentation style is up to you.

Our loans are currently available to clients through the broad branch network of the National Bank of Egypt (NBE).

Our Solutions

Our financing solutions are structured to best suit the requirements of Egyptian businesses. We therefore offer loans up to 100% of the investment cost in a choice of 3 currencies (EGP, USD & EUR), through flexible repayment periods of up to 5 years and absolutely at no commission fees.

Our interest rates are also competitive and customized to your choice of loan currency: 3% + Central Bank of Egypt's lending rate for EGP loans with a minimum of 12%, 4% + 6 months Libor for USD loans and 4% + 6 months Euribor for Euro loans.

Fast-Track Project Loan

Appreciating the need for prompt financial services, we developed a pre-approved list of sustainable energy equipment and their local suppliers for businesses to choose from. The full list is available through our website http://egyptseff.org/en/leme-lesi

Benefits of selecting a suitable option from EgyptSEFF’s LEME & LESI include:

  • Loan Amount: up to USD 300,000 or its equivalent in EGP or EUR
  • Investment Grant worth 10% of LEME loan amount excluding value added taxes
  • A grace period of up to 1 year is included in the re-payment period
  • Eleminating the technical evaluation time
  • Free advice on minimizing Thermal and Electric energy losses

Assisted Project Loan

This loan type is designed for bigger and more sophisticated development projects. Its benefits include:

  • Loan Amount: Up to USD 5 million or its equivalent in EGP or EUR for projects worth not more than USD 10 million
  • Investment Grant worth 10% or 15% of investment cost or disbursed loan amount whichever is lower excluding value added taxes if applicable
  • A grace period of up to 1 year is included in the re-payment period
  • Free advice on minimizing Thermal and Electric energy losses
  • Free advice on co-generation opportunities
  • Free advice on power quality
  • Free advice on equipment specification and selection criteria

Supplier Loan

This loan type is designed to finance the purchase of your Energy Efficient and Renewable Energy equipment. Its benefits include:

  • Loan Amount: Up to USD 1 million or its equivalent in EGP or EUR
  • A grace period of up to 1 year is included in your re-payment period
  • Opportunity to add products on our approved List of Eligible Materials & Equipment (LEME) and List of Suppliers & Installers (LESI) which means we could promote your products to our clients through our website: http://egyptseff.org/en/leme-lesi

 

Call us today to see how our solutions can help your business grow.


For further information, please contact:

Ms. Dina Aslan
Email: Dina.Aslan@egyptseff.org
Or visit our website at: www.egyptseff.org