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KfW Geothermal Loan and Drilling Risk Cover Programme

Sector: Geothermal • Location: Germany

Source: ThinkGeoEnergy

Project
Launched

Germany has launched a new KfW geothermal loan programme that combines low-interest financing and drilling risk coverage to support municipal heat projects. The programme provides concessional loans for geothermal drilling projects from depths of 400 metres and below, with loans up to EUR 25 million per project and a maximum term of five years. It also includes insurance-backed risk mitigation thr

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The project “KfW Geothermal Loan and Drilling Risk Cover Programme” is an infrastructure initiative in the Geothermal sector, located in Germany. Taiyo aggregates data on it from ThinkGeoEnergy.

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Description

Description

Germany has launched a new KfW geothermal loan programme that combines low-interest financing and drilling risk coverage to support municipal heat projects. The programme provides concessional loans for geothermal drilling projects from depths of 400 metres and below, with loans up to EUR 25 million per project and a maximum term of five years. It also includes insurance-backed risk mitigation through Munich Re and partial debt waiver by KfW to cover drilling risks, aiming to improve bankability and reduce exposure during the exploration phase.

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