Financing Solar Power Plants for Business

A solar power plant from 100 kW is a capital-intensive investment that businesses rarely close out of working capital. LK Energy, as an EPC contractor, prepares the technical and financial justification for the project and supports you on the path to financing at a bank or leasing company — from the first calculation to commissioning of the plant.

LK Energy is not a financial institution. The final decision on financing and its terms is made by the bank or lessor.

How We Help

Our role is to take the technical part of financing preparation off your hands. A bank or leasing company wants to see a calculated, well-substantiated project with a realistic model — that is exactly what we prepare:

Technical justification of the project: a full package: feasibility study, design documentation, connection diagrams, CAPEX/OPEX budget
Financial model: with conservative forecasts of generation, consumption and savings — one the credit committee can trust
Preparation of the technical part of the document package: tailored to the requirements of a specific financial institution
Coordination with the bank: communication with the credit manager, technical responses to inquiries
Support through to commissioning: installation, commissioning and testing, grid connection
Service maintenance: after launch — so the plant operates throughout the entire financing term

LK Energy does not receive commissions from banks. Our income comes from the EPC contract for the solar power plant itself. The commercial terms of financing are agreed directly between the client and the financial institution.

How It Works — 4 Steps

Request: you submit an inquiry with approximate parameters of the facility
Audit and feasibility study: we determine the optimal capacity of the solar power plant, calculate the financial model (CAPEX, OPEX, payback) and prepare a budget proposal
Choosing a scheme: you choose a bank or leasing company; we help you understand which scheme fits your profile
Package preparation: we prepare technical documentation to meet the requirements of the chosen institution and support the deal through to signing

Indicative Market Schemes

In the Ukrainian market, businesses finance solar power plants mainly through three routes. The financial institution determines the specific terms for each individually:

Bank loan: classic credit leverage secured by the solar power plant, real estate or equipment. Suitable for stable businesses with a documented financial history. Terms, interest rate and down payment are determined by the bank individually.
Financial leasing: the lessor purchases the solar power plant and transfers it to the client with a right to buy out through installment payments. Easier access for SMEs, cashflow optimization. Terms are determined by the lessor individually.
Energy efficiency programs: the market has support programs for "green" investments, which can be combined with a loan. The list, availability and terms of programs change; relevance is checked at the time of application.

This section is a general description of market opportunities, not an offer of a specific financial product. LK Energy does not act as a credit broker and does not guarantee that financing will be obtained.

Documents for the Application (Typical Package)

Legal: extract from the Unified State Register, articles of association, protocol on the appointment of the director, registration documents.

Financial: financial statements for 2-3 years, tax reporting, bank statements for 6-12 months, credit history.

Technical (prepared by LK Energy): terms of reference, feasibility study, design documentation, budget (BoQ), connection diagrams, equipment certificates, warranty obligations.

Land-related (if ground-mounted): land plot documents, lease agreement / ownership title, cadastral number, permitting documentation.

We take on the technical part of this package ourselves — it is the most labor-intensive part and the one the bank scrutinizes most closely.

Common Client Mistakes When Applying

Inconsistency between the feasibility study and the financial model: the bank requires consistency in CAPEX, tariff, and consumption
Overstated consumption/savings forecasts: the bank checks realism
Weak credit history without mitigants: corporate guarantees or liquid collateral are needed
Unconfirmed equipment supply terms: the bank wants to see signed pro forma invoices or contracts

LK Energy helps avoid these mistakes thanks to experience supporting previous projects.

Questions and Answers

1. How much does application preparation cost? Consultation and preparation of the technical part of the package by LK Energy are included in the EPC contract. The client's expenses are the bank's fees for appraisal and notarization of collateral (determined by the institution individually).

2. What is the minimum project size? It depends on the institution. Smaller projects are easier to finance through leasing. The exact threshold is set by the specific bank/lessor.

3. Is it possible without real estate collateral? In some programs — yes (secured by the solar power plant itself plus corporate guarantees). It depends on the borrower's creditworthiness.

4. How long does the process take? Approximately: from submission of the complete document package to a decision — a few weeks; together with installation and commissioning of the plant — a few months.* Exact timelines depend on the institution and completeness of the documents.

*Indicative timelines, depending on the bank and project complexity.

5. Can a sole proprietor (FOP) get financing? Yes, under specialized SME programs. The list is narrower compared to a limited liability company (TOV).

6. What to do if refused? Try another program or institution, or change the structure (for example, leasing instead of a loan, reducing CAPEX). We will help adapt the package.

7. What guarantees are there that the project will pay off? We prepare a financial model with conservative forecasts, but the final payback depends on market conditions. All payback figures are indicative, calculated individually; LK Energy does not guarantee payback.

8. Can payment be made in installments, without a loan? Yes. LK Energy's standard payment plan consists of several tranches: advance payment, after installation of the support structures, after the inverters, after commissioning and testing, after the plant is put into operation.

9. Does the "green tariff" apply to new plants? The classic "green tariff" (fixed rate) applies to plants commissioned before the end of 2029; for new facilities, the main mechanism is Net Billing (settlement in monetary terms at market prices). We clarify the specific regime for your project as of the time of inquiry. For new commercial facilities, the main mechanism is self-generation (Net Billing): savings on your own consumption plus sale of the surplus to the grid at the market price; for some projects, an auction model is available. We will calculate the specific scheme for your facility in the feasibility study.

Why LK Energy

Over 20 years: (since 2005) of EPC experience in the power industry
Experience preparing documentation: for financial institutions
Financial model: with conservative forecasts (financial institutions value conservatism)
Technical expertise: the bank sees that the project is backed by a specialized contractor
EPC guarantee: the client bears no risk of unfinished construction
Service maintenance: confidence that the solar power plant will operate throughout the entire financing term

Get a Technical Justification for Your Bank

Fill out the form — we will get in touch on a business day. Please indicate:

Type of facility (manufacturing / agribusiness / community / other)
Approximate capacity of the solar power plant (kW), if known
Region of the facility
Request: calculation / consultation / full support

Or contact us directly — contact details are in the "Contacts" section.

Mandatory disclaimers on the page:

LK Energy is not a financial institution, credit broker, or financial advisor. Services consist of technical project support.

Financing terms are determined by the bank / lessor individually. LK Energy does not guarantee that a loan will be obtained or its interest rate.

Any payback figures are indicative and calculated individually.

Solar Power Plant Financing — Loan, Leasing, Grants