Alpha Bank is helping businesses achieve energy independence by providing financing of up to 80% through a new loan program that supports the development and implementation of modern energy solutions.
This new financing tool aims to address rising energy costs, which have become a critical factor for the sustainability and competitiveness of businesses.
The “Energy Efficiency Financing” program is open to businesses of all sizes and sectors, enabling them to invest in solutions that utilize renewable energy sources, such as photovoltaic systems, which can be installed either on-site or utilized through remote self-consumption schemes.
The Net Billing model plays a central role, allowing energy needs to be met directly by the energy generated through photovoltaic systems. Through financing, businesses accelerate the payback of their investment in equipment, such as photovoltaic panels and storage systems, while significantly reducing their energy costs. At the same time, they take advantage of available tax incentives, including accelerated depreciation.
The program offers financing of up to 80%, terms ranging from 2 to 10 years, flexible collateral requirements, and the option to choose between a fixed or variable interest rate. The product is being developed and marketed in collaboration with AENAOS Energy Systems, which possesses significant expertise in the design and implementation of energy solutions.
With this new initiative, Alpha Bank is expanding the financing tools available for the sustainable growth of businesses, helping to reduce energy costs and limit exposure to fluctuations in electricity prices.
George Tsagarakis, Head of Business Products at Alpha Bank, stated: “Energy costs are now a key challenge for businesses. With this new financing program, we are enabling our customers to invest in modern energy solutions, reducing their operating costs and enhancing their competitiveness. Our goal is to actively support them in their efforts to achieve more sustainable and efficient operations.”
Nikos Sifakis, CEO of AENAOS Energy Systems, stated:“Financing green investments offers businesses the opportunity to substantially reduce their energy costs and enhance their competitiveness. In an environment of intense volatility in the energy market, such solutions contribute to better risk management, allowing commercial and industrial businesses to invest in energy production and storage projects without high upfront costs, thereby strengthening their energy autonomy.”
For more information about the product and the application process, interested parties can contact the Bank’s branches or visit alpha.gr.