The sustainable development and the green economy transition are one of the hot topics for modern society, posing a challenge for most businesses in Bulgaria. In view of facilitating this transition for its business clients, UBB, part of КВС Group, offers an investment loan for the construction of photovoltaic power plants with output capacity up to 2 MW for the production of electricity for own needs. This loan can be used by corporate clients and small and medium-sized businesses, as well as by agricultural producers.

The special features of the new product involve maximum investment financing of BGN 2 mln., a grace period up to 9 months since launching the project and repayment term up to 10 years after the grace period expiry. Companies should have all needed permits for the construction of the photovoltaic installation.

The new loan type is part of the UBB sustainable funding products and aims at supporting businesses in optimizing their expenses for electricity and reducing their carbon footprint in the long run. In case of surplus in the produced electricity quantities, businesses will be able to sell it to the electricity distribution companies.

„As a financial institution UBB plays a key role in supporting the transition to a more sustainable future. We plan to make this transition happen together with Bulgarian businesses. The new investment loan, as well as the other products that we develop, are an evidence for our commitment to provide our business clients with high quality services and relevant solutions, tailored to those changes.“, shared Peter Roebben, Chief Executive Officer of UBB.