real estate

Energy transition is a central issue for societies around the world. Access to reliable, clean and cost-efficient energy supply has become a business imperative. Customers and stakeholders expect companies to actively engage in initiatives to mitigate climate change.

At Westend Bank, we are committed to mitigating climate change by financially supporting energy transition. We support energy generation from wind and solar, as well as other renewable sources. We lend to energy storage projects, such as batteries and PtX, but also finance energy-efficiency measures on new and existing properties.

We work with project developers, independent power producers, service providers and suppliers of core components to help them implement their projects. Our clients are experienced in their field, but do not necessarily have the track record that’s required by other traditional lenders. We offer short, unbureaucratic decision-making paths to tailor-made loans.

We cover the niche between retailers and wholesalers and provide interim solutions in different project phases. Our loans range from smaller projects that will be incorporated into a portfolio or, where long-term offtake agreements have yet to be signed, to large, international projects.

Key features

  • Loans to support the transition to sustainable energy systems in the SME sector.
  • A straightforward, flexible and tailored approach across all stages of the financing process.
  • Ability to extend financing to a wide range of projects, including those other traditional lenders would not consider.
  • A long-term approach from a strong and stable financial partner.
  • Our core markets are industrialised countries with a focus on the euro area.
Andrew Eckhardt
Andrew Eckhardt
Head of Energy Transition Financing
Telephone +49 69 660 595 6 07

Andrew Eckhardt, CFA, has been Head of Energy Transition at Westend Bank since July 2022. He is responsible for our lending activities to renewable energy generation, storage and efficiency projects, and provides strategic advice to clients on investments in these areas. Andrew has been financing international infrastructure projects, with a focus on renewable energy, for over 15 years. Working in Nicosia, New York and Frankfurt, he was instrumental in structuring over 8 GW of renewable energy projects across Europe, North and Latin America and Asia.

Financing process

  1. Apply
    Apply
    You contact us and provide information regarding your project and required financing
     
  2. Assess
    Assess
    We conduct due diligence on your project, including potential returns and time horizons
     
  3. Arrange
    Arrange
    Once approved, we arrange the terms of the loan and transfer the funds to you