UniCredit Leasing and RuSEFF, a credit line developed by the EBRD to finance investments into energy efficient equipment modernization, celebrate 400 EcoLeasing projects with a total investment volume of RUB 1.7 billion. Active demand for leasing of energy effective equipment and transport especially from the side of small and medium-sizedenterprises confirms a real interest for energy saving from Russian businesses.
The basis of the success of EcoLeasing program lies in the combination of long-term funding with the professional technical support provided by RuSEFF engineers while identifying and realizing energy efficiency measures. The technical support is jointly financed by the EBRD Shareholder Fund and the German Government and granted free-of-charge for the clients of UniCredit Leasing.
One of the most prominent examples of cooperation is the case of Baisad Company, a domestic pasta producer located in the Moscow region. The new equipment installed allowed to decrease the energy costs by 40%, and also to expand the production volume up to 5,000 tons of pasta per month. The payback period of the project is 3.4 years.
The example of Baisad alongside of other successfully implemented projects shows that energy efficiency investments are profitable. An average realized project led to energy savings of 24% with a profitability of 18% and payback period between 3-5 years.
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