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Energy Efficiency Loan with Capital Discount

Energy Efficiency Loan with Capital Discount

Funds enterprise energy-efficiency and renewable upgrades in Latvia through discounted financing.

ScheduledALTUM — Latvian Development Finance InstitutionLatvia
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About

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…

What this grant funds

Building envelope and HVAC reconstruction, energy-efficient production equipment, secondary-energy-resource recovery, solar/wind generation, heat pumps, biomass, biogas, electric vehicles.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.15 Sept 2026
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant + loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.70%
Funding pooliThe total budget available across all awards in this round.€70.8M
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Timeline

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Last verified: 24 Jul 2026Source: www.altum.lv