Lending within the framework of the UNIDO Project “Introduction of Energy Management System Standard in Ukrainian Industry”​

OUR PARTNER IS THE UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION (UNIDO)

UKRGASBANK and UNIDO launched an innovative project to finance the implementation of the energy management systems (according to ISO 50001), as well as other energy efficiency measures at Ukrainian enterprises, aiming to make the Ukrainian businesses modern, energy-efficient, competitive in the international markets and furthermore environmentally friendly.

WHAT IS FINANCED?

KEY TERMS OF THE LENDING

1. IMPLEMENTATION AND CERTIFICATION OF THE ENERGY MANAGEMENT SYSTEM (according to ISO 50001) in order to save energy consumption by 20-25%
  • Loan currency and amount: Hryvnia, Euro, US Dollar in the equivalent of up to USD150 thousand 
  • Loan tenure: up to 18 months
  • Repayment schedule: to be set individually
  • Down payment: not required
  • Loan interest rate: 
    • in Hryvnia - from 9.9% p.a.;
    • in US dollars - from 3.74% p.a.;
    • in Euro -  from 2.95% p.a.
  • Collateral: not required
2. IMPLEMENTATION OF MEASURES TO OPTIMIZE ENERGY CONSUMPTION, such as
  • Modernization of power supply systems
  • Modernization of production equipment
  • Modernization of ventilation / air conditioning systems
  • Modernization of pumping systems
  • Modernization of cooling systems
  • Modernization of heating systems
  • Modernization of lighting systems

CUSTOMER PROFILE

ELIGIBILITY CRITERIA

  • MANUFACTURING ENTERPRISES
  • FOOD INDUSTRY
  • PROCESSING INDUSTRY
  • ENTERPRISES OF ENERGY-INTENSIVE INDUSTRIES
  • Company is registered in Ukraine
  • Company belongs to the industrial/ manufacturing sector
  • Company has been in business and operation for the last 3 years
  • Company has had more than 50 full-time equivalent employees
  • Company’s annual energy consumption (averaged over the 2018-2020 triennium) not less than 1000 MWh
  • Company complies with Ukrainian relevant labor safety and environmental regulations

ADVANTAGES

UP TO 25% ENERGY SAVINGS WITHIN THE FIRST 2 YEARS LOAN COLLATERAL IS NOT REQUIRED Free trainings and consultations on Energy Management from leading international experts or monetary compensation
REDUCED INTEREST RATE PRIORITY REVIEW AND PROJECT MAINTENANCE (ADMINISTRATION) BY THE BANK TECHNICAL OFFICE SPECIALISTS REDUCTION OF EMISSIONS (CO2 and other greenhouse gases), INCREASED ENERGY SECURITY

INCENTIVE FOR EnMS-ISO 50001 IMPLEMENTATION FOR LOAN BORROWERS UNDER THE LOAN GUARANTEE FUND

As part implementation of the pilot project the Incentive for establishment and certification EnMS ISO 50001 was launched. This is a separate Incentive mechanism for the industrial enterprises, financed under the Loan Guarantee Fund, to implement an energy management system.

 

THE INCENTIVE includes

  • a 3-day training on state-of-the-art methodologies for energy performance measurement, monitoring, indicators and baselines;
  • an option of a 2-day Training on EnMS-ISO 50001:2018 implementation); and/or
  • EITHER 40 hours of technical support from UNIDO International Leading EnMS-ISO 50001 Experts OR a cash reimbursement of eq. USD 2 000.

For more detailed information on the Incentive please refer to the UNIDO / GEF UKR IEE Project website by the following link.

Contacts:

Corporate business
Yaroslav Krupko
+38 067 722 92 24
yakrupko@ukrgasbank.com
  Technical office of the Bank
Kyrylo Pavshuk
+38 050 442 32 81
eco@ukrgasbank.com
  Project presentation