Green Loan
Low rate financing costs can be obtained with Green Loans subsidized through the Central Bank of Lebanon (BDL). Projects can be energy or non-energy related, rated or non-rated according to international standards. BDL subsidizes interest up to a maximum rate of 7% with maturity ranging between 5 to 7 years and grace periods up to 4 years depending on the type of Green Loan adopted.
The Lebanese Center for Energy Conservation (LCEC), whom we have signed a Memorandum of Understanding (MoU) with, will perform preliminary technical validation on energy saving and renewable energy before BDL loan approval. Our high credibility has enabled us to obtain green loans for our projects at record times.
The value of the loan extended to finance Environmental Projects would be calculated as follow:
*The cost of property/land is excluded from the above scheme.
*The certification system developed by LEED is adopted or equivalent classifications from other internationally recognized systems.
