Green products and services and funding programmes

Thanks to the cooperation of BNP Paribas Bank Polska S.A. experts with BNP Paribas Energy, Infrastructure and Natural Resources from CIB in Brussels and Paris, at the turn of 2019 and 2020 we launched the financing of the „Perfect Wind” project developed by Akuo. The credit facilities included in the „project finance” formula are designed to finance the construction of a 132 MW wind farm. The project is one of the first large projects financed under the new renewable energy support system in Poland.

BNP Paribas Bank Polska acts as a Lender, Credit Agent and Collateral Agent. In addition, the Global Markets team arranged and executed transactions hedging the interest rate risk and currency risk of this project.

In May 2020. BNP Paribas Bank Polska S.A. has signed loan agreements with subsidiaries of independent power producer Qair Polska and its partners. The „project finance” syndicated financing of approximately PLN 630 million will help to finance existing and newly built wind and photovoltaic farms. The investment is co-financed by the European Bank for Reconstruction and Development (EBRD). Within the consortium with EBRD, BNP Paribas Bank Polska S.A. is co-financing five Polish special purpose vehicles owned by two experienced sponsors – French renewable energy producer and operator – Qair, and French infrastructure fund – RGreen Invest. The portfolio includes the construction of three wind farms with a total capacity of 68MW, as well as the refinancing of the acquisition of already operating wind farms with a total capacity of 106MW. In addition, the Bank will independently finance investments in three photovoltaic farms with a total capacity of 25MW. Qair is an independent power producer with 220 MW of assets – exclusively from renewable sources. The Group’s projects under financing and construction have a capacity of 780MW, with a further 3GW of assets under development with future potential.

More informations HERE.

Since 2017, we have been offering individual Customers the opportunity to finance the purchase and installation of photovoltaic installations and other sources of renewable energy, including water heaters, heat pumps, recuperators and home wind turbines, with an instalment loan.

The current loan offer allows to finance up to 100% of the photovoltaic installation value, even up to the amount of PLN 80 thousand, with a repayment period of up to 144 months. In 2020, the offer was available at more than 420 of the Bank’s partners – market-leading entities involved in the sale and installation of photovoltaic installations.

More product information HERE.

In September 2020. BNP Paribas Bank Polska S.A. has launched an offer of the so-called Green Mortgage. It is addressed to Customers who apply for a mortgage to finance energy-efficient real estate. Within the Green Mortgage offer Customers may count on 0.1% margin reduction if they meet the following conditions:

• they possess / will possess an environmental certificate, e.g. BREEAM / Green House,
• they possess / will possess an energy performance certificate confirming the value of annual demand for non-renewable primary energy EP not exceeding 50 kWh/(m2*year).

Thanks to the Bank’s cooperation with Yareal (development company), the Customers of both companies can obtain financing for the purchase of an environmentally-friendly apartment with the BREAM certificate at a reduced price and with minimum formalities.

BNP Paribas Bank Polska S.A. has also entered into partnership with the Polish Green Building Council (PLGBC), the issuer of the Green Home certificate. Under the Green Home and Green Mortgage programs, the partners cooperate to develop and promote sustainable housing in Poland. The Green Home certificate is recognised by the Bank when granting a loan with a reduced margin.

More information about the Green Mortgage can be found HERE.

A new product of BNP Paribas Bank Polska S.A., developed in cooperation with BNP Group Service Center, concerns long-term lease of equipment. It has been inspired by the latest trends and the changing attitude of consumers. The product based on the idea of closed-loop economy will be made available to Customers in the first half of 2021.

The concept of the service is to provide the Customers, in addition to traditional proposals such as interest-free instalment loan, with the option of long-term lease of the latest smartphone models (Samsung and Apple). With this approach, the Customer does not have to pay a large amount at one time – he pays a monthly instalment only during the period when he leases the phone. In addition, you can choose the protection of the phone: insurance and servicing, so you do not have to worry about anything. This is a significant advantage of this product over the 0% instalments or subscription contract with the telecommunications operator. In case of theft, malfunction or damage to the phone, the Customer can take advantage of additional services, which are an integral part of the product.

The Customer will be able to choose one out of two contract options:

• 24-month contract, higher buyout amount, possibility of exchanging the phone for a new model between the 18th and 22nd month of the contract;
• 30-month contract, lower buyout amount, possibility of exchanging the phone for a new model between the 18th and 24th month of the contract.

The possibility of exchanging the phone for a new model during the contract term is the most valuable service opportunity for the Customer. In case of using the option, the Customer does not have to worry about selling the phone. It goes to the partner who renews the phone and sells it on the secondary market. At the end of the contract, the Customer returns the device or buys it. Some of the phones returned by Customers will be refurbished and then given to social partners cooperating with the Bank and the BNP Paribas Foundation.

We support investment solutions designed not only to meet the investment objective, but also in a socially responsible and environmentally friendly way.

As the Bank of Green Changes, we took part in a campaign aimed at planting 1 tree for every EUR 1,000 invested in socially responsible investments (related to the issuance of structured certificates: Environmentally Friendly Companies, Environmentally Friendly Companies II, Climate Investment, Climate Investment II).

By promoting the investments, we encouraged people to participate in the reclamation of the forested part of the area destroyed during the 2017 tornado in the Greater Poland Voivodeship. Thanks to the initiative, more than 14,000 trees of various species were planted in Lipusz in 2020.

The loan was created in cooperation between BNP Paribas Bank Polska S.A. and Bank Gospodarstwa Krajowego as part of the “BGK Loan with a Bonus” program. It is aimed at housing communities intending to improve the energy class of multi-family residential buildings.

More information can be found HERE.

EKO-COMMUNITY at a profit is a program for financing energy efficiency in multi-family residential buildings. Under the program, housing communities may receive a grant (of 90%) for the costs associated with the preparation of technical documentation related to the investment of thermo-modernization of buildings, including energy audits. Additionally, the housing communities can benefit from the assistance of energy transformation specialists whose role is to support the communities in improving the energy efficiency of multi-family buildings. These are important tools for communities to decide on the implementation of investments in thermo-modernization of multi-family buildings or RES installations integrated with the buildings. The financing is made possible thanks to an agreement signed by the Bank with the European Investment Bank on the Bank’s participation in the ELENA (European Local Energy Assistance) initiative under the European Union’s Horizon 2020 program.

More information can be found HERE.