Unlock green finance in Greece & Cyprus — lender‑ready free ESG packs
Elia Go prepares a bank‑ready ESG file (ratings, plan, KPIs) that enables preferential lending terms and faster approvals, converting basis‑point discounts into tangible interest savings for SMEs. And you’ll see it’s free for your company.
Banks are tightening access to corporate financing, while at the same time offering green and impact loans with reduced rates that require specific ESG/RSE reports and verifiable data, especially with Synesgy, Ecovadis, and ESG notations.
In Greece, HDB Green Co‑Financing offers 40% interest‑free capital plus an interest subsidy up to 3% on the banked 60% for two years, which can outperform typical 40–60 bps sustainability‑linked discounts when projects qualify.
The HDB program provides 40% interest‑free capital and up to a 3% subsidy on the interest‑bearing 60% for the first two years of the loan, for green mobility, energy efficiency, and RES projects.
Partner banks (e.g., Piraeus Bank) detail loan amounts up to €8m, tenors up to 10 years, and Euribor‑based pricing on the banked tranche, combining HDB resources with EIB funds to incentivize the transition.
Additional partner pages outline the 40% interest‑free and 3% subsidy model and practical repayment options across sub‑programs like Green Mobility and Green Energy.
Cyprus’ interbank ESG assessment leverages Artemis Credit Bureau with Synesgy, aligning banks on a shared ESG profile used alongside credit risk for new loan origination.
Public reporting confirms widespread business participation and the system’s role in funding decisions, improving approval odds and potential terms for companies with a valid ESG certificate and action plan.
✅Evidence & Synesgy-ready Guided collection and centralization of policies, metrics, and outcomes to strengthen an ESG rating (e.g., Synesgy certificate readiness) and speak the bank’s “proof‑first” language for credit committees. 📦Lender export packs Exports formatted for HDB Co‑Financing and bank frameworks (KPIs, yearly targets, attestations, RES/efficiency evidence) to minimize back‑and‑forth and time‑to‑decision. 📈 KPIs and trajectory Set 1–3 bank‑relevant ESG KPIs with annual targets and dashboards to support subsidy eligibility or pricing step‑downs where applicable (e.g., Piraeus HDB terms).
Basis‑point economics: savings \( \text{savings} = P \times d \) where \( P \) is average principal and \( d \) the rate discount (e.g., 60 bps \( = 0{.}006 \)).
\[ P_{\min} = \frac{\text{annual\ fee}}{d} \]
At 60 bps and €3000/year invested, break‑even is \( \approx €500{,}000 \); above this, savings exceed annual tooling/verification costs and approvals are typically faster with a bank‑ready ESG pack.
In Greece, the 40% interest‑free tranche plus a 3% subsidy on the banked 60% for two years can exceed typical 40–60 bps savings, improving both affordability and approval odds when projects meet eligibility (see HDB and Piraeus).
In Cyprus, interbank ESG profiles via Artemis and Synesgy are used at origination, so a valid ESG assessment with an action plan improves bank readiness and the probability of favorable terms.
🔌 Energy CAPEX
PV, HVAC, insulation: eligibility under HDB Green Co‑Financing sub‑programs with bank‑ready packs and KPI tracking.
📊 Impact loans
Sustainability Linked Loans (SLL) compatible objectives and lender‑agreed KPIs to align pricing benefits and annual progress attestations (e.g., partner bank HDB pages).
Start the trial to get the ESG readiness kit and lender‑ready exports, then book a demo to align KPIs and eligibility for HDB or Cypriot interbank frameworks.
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Greece: HDB Green Co‑Financing
Cyprus: Interbank ESG with SYNESGY
What Elia Go delivers (bank‑ready)
ROI: why it’s “almost free” above typical thresholds
Use cases
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