Financing for energy saving projects

In partnership with the European Investment Bank (EIB) and the European Commission we have developed a new line of financing, with preferential interest rates, to support projects that improve the energy efficiency of Spanish companies.

Why invest in energy efficiency?

  • You will increase energy consumption efficiency, thereby generating savings on your gas and electricity bills, etc.
  • You can reinvest what you save in energy costs to improving the competitiveness of your company.
  • You will contribute to reducing emissions, which will have a positive impact on protecting the environment and this can add a differential value to the image of your company.
  • You can improve working conditions through automated lighting and temperature management.

Who can benefit?

Self-employed persons and companies with registered office in Spain and who make investments within the national territory.

What amount can be financed?

Up to €5,000,000 per project.

Is it possible to finance a project in its entirety?

Yes, you can finance up to 100%1 of the investment for a maximum of €5,000,000
The total amount of the investment project cannot exceed €10,000,000.

How long can I finance my projects?

Available terms are for between 3 and 10 years with an optional grace period.

What are the formats of this financing?

Loan or leasing.

What project documentation do I have to provide?

For investment projects of up to €500,000:

  • Proforma invoices, budgets.
  • Current energy consumption.

For investments over €500,000 an Energy Audit of the project will be required.

Shall we discuss it?

If you would like more information, visit any of our branch offices.

Energy saving projects the can be financed

Modernisation projects that reduce energy consumption and have an impact on improving energy efficiency can be financed:

  • Substitution of inefficient lighting equipment for LED lighting.
  • Thermal insulation on roof and facades.
  • Substitution of conventional boiler for high efficiency heat pump.
  • Replacement of air conditioning systems.
  • Building automation.
  • Installation of thermostatic valves on radiators.
  • Installation of thermal solar energy.
  • Substitution of conventional windows for double-glazed windows with thermal breaks.
  • Replacement of conventional boiler for natural gas/biomass condensing boiler.
  • Installation of a photovoltaic system.
  • District network.
  • Cogeneration.
  • Ventilation.

See the following document for details of all the solutions that can be financed:(PDF 1.01 MB).

In addition to the project, the costs associated with it that are technically necessary will be financed. In no case may these expenses exceed 50% of the total cost of the project.

Elements that cannot be financed

The EIB Energy Efficiency Loan does not cover VAT, normal maintenance activities, the purchase of land or real estate investments or the construction of new buildings.

Shall we discuss it?

If you would like more information, visit any of our branch offices.

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