Alpha Photovoltaic

Green Solutions for Investment Plans to finance the installation and operation of Photovoltaic Stations with a power output up to 1 MW, for the purposes of generating and selling Electric Power.

Financing up to 70% of the budgeted cost
Financing term up to 15 years
Particularly attractive interest rate

Alpha Bank invests in Renewable Energy Sources (RES), taking action and creating products focused on protecting the environment and tackling climate change, as part of its efforts to integrate the ESG (Environmental, Social and Corporate Governance) criteria in its operations.

In line with the objective “A Clean Planet for all”, the purpose of the Alpha Photovoltaic product, which is addressed to businesses wishing to invest in the construction of Photovoltaic Stations with a power output up to 1 MW, is to support Electric Power generation and sale

The Bank covers the following categories of costs:

Photovoltaic Station licensing and construction,
landscaping of the installation area,
acquisition of the necessary equipment, cabling and custom support installations (PV panels & inverters),
connection to the electricity Network (pursuant to the binding connection terms).

Existing or New Businesses established for the specific purpose of generating and selling electric power, of any legal form.
Energy Communities of private interest.
Farmers registered in the Register of Farmers and Agricultural Holdings.

Financing amount: Up to 70% of the investment’s budgeted cost.

Duration: Up to 180 months (15 years).

Loan servicing: Repayment of the loan is by means of amortization installments paid on a quarterly basis.

The loan installments are paid by standing payment order from the sight account to which the proceeds from the sale of the generated electric power are credited.

Grace period: Up to 12 months, with quarterly payment of interest.

Early repayment: Partial or full, without penalty.

Disbursement

Lump-sum disbursement or progress disbursements against the costs incurred, in accordance with the progress of the project's construction.

Lump-sum disbursement, for Photovoltaic Stations which are active or in operational readiness.
Progress disbursements, for Photovoltaic Stations under construction.

Interest rate

3-Month Euribor plus margin. See the current Pricelist of Alpha Bank.

* plus levy under Law 128/75.

Alpha Photovoltaic is a product specifically designed to ensure repayment exclusively from the Station’s smooth operation. It represents an attractive solution for financing the installation and operation costs of Photovoltaic Stations, by offering:

Financing of up to 70% of the budgeted cost.
Long financing term up to 15 years.
Preferential interest rate.

Provision of comprehensive Investment proposal and support through the Alpha Bank Ecosystem of Partner Businesses.

Ecosystem of Partner Businesses

Through the ecosystem of its partner businesses, Alpha Bank provides candidate investors with comprehensive proposal and support for the financing of their investment plans.

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