Energy Efficiency Loan with Capital Discount
Funds enterprise energy-efficiency and renewable upgrades in Latvia through discounted financing.
The Energy Efficiency Loan with Capital Discount is an annual recurring program administered by ALTUM, Latvia's state development finance institution, financed from the EU Recovery and Resilience Facility under the NextGenerationEU framework. The program combines an ALTUM investment loan with a non-repayable capital discount of up to 30% of total eligible project costs, excluding VAT, capped at EU…
Building envelope and HVAC reconstruction, energy-efficient production equipment, secondary-energy-resource recovery, solar/wind generation, heat pumps, biomass, biogas, electric vehicles.
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