▪ Sole Proprietorship
▪ Partnership
▪ Corporation
▪ Cooperative
▪ Local Government Unit (LGU)
▪ Financial Institution (FI)
▪ Government Owned and Controlled Corporations (GOCC)/Government Agencies (GA)
▪ Electric Distribution Utilities/Companies (DU)
▪ Wholesale Power Aggregator (WPA)

▪ For ECs/GOCCs/GAs: maximum of 90% of total project requirement
▪ For LGUs: Up to 100%, but not exceeding the LGU’s Net Borrowing Capacity (NBC)
▪ For Private Borrowers: maximum of 80% of total project requirement
▪ ODA/Special Fund Projects: Based on the amount required by the special financing program

▪ Working Capital
▪ Capital Expenditures (CAPEX)
▪ Renewable Energy Power Generation Financing
▪ Energy Efficiency Financing

▪ Based on the prevailing LBP rate at the time of
availment
▪ ODA/Special Fund: applicable interest rate under
special program

▪ DTI/SEC/CDA/NEA Registration
▪ For Non LGU: Board Resolution to borrow
▪ For LGU: Sanggunian Resolution to borrow/BLGF Certificate on NBC/MBO
▪ Valid certificates/permits/licenses/clearances
▪ 3 Year COA audited financial statements
▪ Proposed Project Details
▪ Feasibility Studies
▪ Collateral Documents
▪ Insurance Documents
▪ For Construction: Cost Estimates/Bill of Materials

Any Renewable Energy Projects as defined under R.A. 9513 or the Renewable Energy Act of 2008 such as Biomass, Geothermal, Solar, Hydro, Ocean, Wind and etc.

Energy Efficiency Projects aim to lower electricity bills, reduce carbon emissions, and improve sustainability without compromising performance.

Power distribution projects to cover the expansion, upgrading, and modernization of substations, lines, transformers, and systems to improve reliability, efficiency, sustainability, and customer service.

The Common Processing Requirements are:

• Accomplished Loan Application Form
• Department of Trade and Industry/Securities and Exchange Commission/Cooperative Development Authority/National Electrification Administration (NEA) - Certificate of Registration, Articles of Incorporation/ Cooperation and By-Laws
• Board Resolution to borrow
• Valid certificates/permits/licenses/clearances
• Audited Financial Statements (FS) for the past three (3) years and the current year’s interim FS
• List of existing and past loans
• List of key officers, members of the Board of Directors and principal shareholders and their stockholdings
• Client Information and Signature Specimen Card and at least one valid/government ID
• Tax Identification Number/Copy of updated Income Tax Return (ITR)
• Sanggunian Resolution to borrow/Bureau of Local Government Finance Certificate of Net Borrowing Capacity/Monetary Board Opinion on borrowing for Government Entities, whichever is applicable
• Proposed Project Details
• Collateral Documents
• Insurance coverage on all or any of the following, as applicable:
  • Natural catastrophes
  • Cyber incidents
  • Industrial All-risk
  • Pandemic outbreak
• RE Provider/Contractor/Developer’s Performance Guarantee

• For ECs/GOCCs/GAs: maximum of 90% of total project requirement
• For LGUs: Up to 100%, but not exceeding the LGU’s Net Borrowing Capacity (NBC)
• For Private Borrowers: maximum of 80% of total project requirement
• ODA/Special Fund Projects: Based on the amount required by the special financing program

Applicable market rate on time of availment

Short Term Loan/Line: up to 360 days PN

Term loan:

• Working Capital/Project Preparation - up to five (5) years inclusive of maximum of six (6) months grace period on principal
• CAPEX - up to 15 years inclusive of maximum of three (3) years grace period on principal
• Feasibility Study Preparation:
  • Internal - n/a
  • ODA/Special Fund - maximum of three (3) years w/o grace period on principal
• Equipment Acquisition - based on economic useful life of the equipment but not to exceed 10 years
• Energy Efficiency - based on economic useful life of the financed project but not to exceed 15 years
• Construction of Power Generation/Distribution Systems:
  • Internal – up to 10 years inclusive of maximum of two (2) years grace period on principal
  • ODA/Special Fund - up to 15 years inclusive of maximum of two (2) years grace period on principal
• Acquisition of STA:
  • Internal Fund - up to 10 years inclusive of maximum of two (2) years grace period on principal
  • ODA/Special Fund - up to 15 years inclusive of maximum of two (2) years grace period on principal
• Stand-by Letter of Credit: up to 360 days to coincide with the maturity of the line