TREK appointed by a major Greek Bank to design a new Financial Instrument for the local Energy Efficiency Market. The Instrument provides Loans up to 5 MEUR per case, along with secured guarantees for up to 80% per loan. Total portfolio is at 100 MEUR, for a period of disbursement of 4 years.
Combining modern financial instruments by the EC and the EiB, TREK engaged a local Financial Institution as a potential partner and Intermediary Financial Institution (IFI), for the design and distribution of senior loans and guarantees to local companies and investment in the field of Energy Efficiency and Renewables.
To this scope TREK identified the opportunity, matched with the local IFI interests and designed a new financial tool to be offered to SMEs, associations, and project ventors in the field of Energy preservation, efficiency and RES.