Bancoldex opens a new $100 billion credit quota to drive investment projects in sustainable development and energy efficiency.

Of the $100 billion available on this line of credit, $30 billion will be earmarked for long-term credits, i.e. between 5 and 7 years and a capital grace period of up to one year.

The remaining $70 billion is for medium-term credits, up to five years and a grace period of up to one year.

Credits can be used for optimizing electric or thermal energy consumption, implementing energy-efficient projects such as: LED lighting, high-efficiency motors, cooling, air conditioning, generation energy measurement and control systems, combustion process optimization, waste heat recovery, energy cogeneration and hybrid or electric vehicles.

Also eligible are projects for the generation of electricity or thermal energy from renewable energy sources such as biomass, solar energy, wind, among others.

These resources can be accessed by shareholders for capital payments, autonomous assets and the beneficiary companies themselves.

At OBC Partners SAS we help you create and finance your energy efficiency, resource efficiency or utilization project.

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