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Please, be informed, that, due to the attraction of additional loan program funds of GAF “Renewable Energy Development”, it is again possible to finance the projects of photo voltaic stations and solar water  at up to 500 kW nominal capacity, until the expiration of corresponding funds.

Henceforth the procedure of lease applications on renewable energy equipment  will be followed under the conditions and terms stated below:

 

For legal entities and individual entrepreneurs:

Currency: AMD

Annual Percentage Rate: 8.5-9.9 %

Commission: 1 %

Insurance: Property Compulsory Annual Insurance

Advance Payment     Lease Redemption Period

Starting from 10%       Up to 5 years

Starting from 15%       Up to 6 years

Starting from 20%       Up to 7 years

Starting from 25%       Up to 10 years

 

For individuals:

Currency: AMD

Annual Percentage Rate: 9.5-9.9 %

Commission: 0% - 1%

Advance Payment: 0% - 10%

Insurance: Property Compulsory Annual Insurance

 

LAST UPDATE: 03.12.2019

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