Why would you choose a Solar PV Loan and what criteria have to be fulfilled?
Solar PV Loan is a form of financing in which you gain ownership of the equipment. It provides you with the option to choose between fixed or variable interest rates, the loan period, repayment methods and even offers, subject to agreement, instalment-free periods of a business loan.
Besides standard loan procedures the only additional requirement is an estimation of the energy production of your Solar PV system, which your supplier can provide you with. Solar PV Loans are loans that fulfil the criteria in Nordea’s green funding framework, based on the ICMA - Green Bond Principles.