A subsidiary of JSC SEC Almaty, Almaty Finance LLP allocated KZT 163 million to EV Solutions LLP for the purchase of high-speed charging stations for electric vehicles.
The borrower will use the funds received under the Almaty Business 2025 entrepreneurship development program and the green economy development strategy to purchase and install 28 new charging stations in Almaty.
Financing of the project will allow the company to almost double its own network of stations, and the city to increase the availability of electric transport infrastructure.
The interest rate on the loan will be 6% per annum, the term is 5 years
«The volume of emissions of harmful substances by motor vehicles in Almaty in 2023 exceeded 112 thousand tons, which amounted to 60% of the total emissions.Creating comfortable conditions for the maintenance of electric vehicles is an important step towards the electrification of transport, and, as a result, improving the ecology of the city», - said Zhuldyz Igenov, Deputy Chairman of the Board of Almaty Finance LLP.
For reference:
Almaty Finance LLP is a credit institution established in 2019, is a subsidiary of JSC SEC Almaty. Almaty Finance LLP provides preferential financing to SMEs in Almaty. The maximum loan amount is 500 million tenge. The term is up to 7 years. Lending to Almaty Finance is implemented within the framework of the regional program "Almaty Business-2025".