Energy Financing
The Energy Financing program by L-Bank, in cooperation with KfW Banking Group, offers subsidized loans for companies and organizations in Baden-Württemberg. The goal is to increase the use of renewable energies and their integration into the energy system, promoting environmental protection, climate safety, and security of supply. The program is characterized by broad eligibility and financing of up to 100% of eligible costs.
Who is Funded
The L-Bank Energy Financing program targets a wide range of investors, both on the supply and demand sides of the energy system. It includes private and public companies, self-employed individuals, agricultural businesses, as well as non-profit and private applicants. Funding is limited to projects in Baden-Württemberg.
What is Funded
L-Bank's Energy Financing supports diverse projects in the field of renewable energies and their integration into the energy system. Funding is provided for the construction, expansion, acquisition, modernization, maintenance, refurbishment, conversion, and retrofitting of facilities for electricity and heat generation from renewable energies, heating/cooling networks and storage, as well as measures for system integration. The funding covers up to 100% of eligible costs, with certain cost categories such as land acquisition or fossil fuels explicitly excluded.
Type and Scope of Funding
Energy Financing offers subsidized loans from L-Bank in cooperation with KfW to support investments in renewable energies in Baden-Württemberg. The loans cover up to 100% of eligible costs, with flexible terms and grace periods. For certain projects such as photovoltaic systems and battery storage, additional interest subsidies are available. In case of insufficient collateral, guarantees can be utilized.
Conditions and Requirements
The Energy Financing program is subject to specific conditions, ranging from location requirements in Baden-Württemberg to compliance with technical and environmental legal standards and state aid regulations. Companies in difficulty are excluded from funding, and interest conditions are designed to ensure no EU state aid arises.
Application Procedure
The application for Energy Financing is submitted through the commercial bank, which forwards the documents to L-Bank. The application must be made before the start of the project, and the project can be started at one's own risk before the final commitment from L-Bank is available. After disbursement by the commercial bank, the funds must be used for the project in a timely manner and their use must be verified.
Legal Basis
The "Energy Financing" funding program by L-Bank is based on the L-Bank information sheet and is offered in cooperation with KfW. It considers legal requirements such as the EEG and EU state aid law to ensure compliant and effective funding. Important documents are accessible online and through commercial banks.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
10,000,000 €
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Baden-Württemberg (Germany)
Sectors:
Renewable Energy, Energy Production and Supply, Environmental and Climate Protection, Information and Communication Technology, Water and Waste Management
Beneficiaries:
Energy Efficiency & Renewable Energies, Environmental & Nature Protection
Application Type:
Single Applicant
Funding Stages:
Implementation, Process Optimization, Planning, Market Introduction
Funding Provider
Program Level:
Regional
Funding Body:
Landeskreditbank Baden-Württemberg (L-Bank), KfW Banking Group
Managed By:
L-Bank
Additional Partners:
Bürgschaftsbank Baden-Württemberg, Commercial Banks