Financing Programs Loans and Financing Programs for Micro, Small and Medium Enterprises

Lending Program on Power

Program Title: DBP Lending Program on Power
Program Objective: To provide adequate, affordable and reliable energy services, in partnership with the private sector by providing assistance in implementing the priority reforms and investments necessary to substantially improve the state of the power sector.

Eligible Borrowers:

• Private enterprises, at least 70% Filipino-owned
• Local Government Units (LGUs)
• Government Owned and Controlled Corporations (GOCCs)
• Electric Cooperatives
• Non-Government Organizations (NGOs)
• Participating Financial Institutions (PFIs)
• Micro-Finance Institutions (MFIs)

Eligible Projects:

• Generation/Transmission/Distribution
• New and renewable energy and other technologies
  • Solar
  • Biomass
  • Wind
  • Hydro
  • Geothermal
• Energy efficiency
  • Upgrading & systems loss reduction
• Conventional power generation (i.e. diesel, bunker fuel)

Loan Purposes:

• Capital Investment
• Working Capital
• Interest during construction period
• Consultant's Services
• Acquisition of existing sub-transmission lines of NPC not previously financed by DBP

Terms/Requirements:
Amount:

• For LGUs or coops - up to 90% of total project cost
• For private enterprises - up to 80% of total project cost

Maturity / Repayment:  Up to 15 years with 5 years grace period

Program Partners: Please inquire with DBP Head Office and Branches for the requirements and for the list of the DBP-accredited Participating Financial Institutions (PFIs).

Contact Details: Same as the contact details of the DBP Lending Program for Micro, Small and Medium Enterprises.