Sustainable mobility investment loan (268)

• Your project must be in Germany. Individuals undertaking or starting commercial or freelance activity can apply. So can majority privately owned companies and legally capable partnerships undertaking or starting such activity. Their business seat may be in Germany or abroad.
• Commercial businesses with public ownership qualify where municipalities and/or German states hold at least 50% in total, with at least 25% municipal ownership. Public-law institutions, foundations and corporations need a majority municipal background. Nonprofits need confirmation of corporation-tax exemption from the responsible tax office.
• The bank receiving KfW refinancing may hold no more than 25% of the funded company, directly or indirectly, throughout the loan term.
• The investment must meet the programme's technical requirements, not merely be described as green. For example, cars and light passenger vehicles must have zero CO₂ exhaust emissions. Other vehicle categories have their own limits and exceptions in the technical annex. Its part B adds requirements for vehicle or charging/refuelling subsidies under Articles 36a and 36b of the EU General Block Exemption Regulation (AGVO), which sets conditions for these types of state aid.
• Data-driven mobility solutions must save more transport emissions than the digital system causes, without increasing private motor traffic or disadvantaging walking, cycling or public transport. Infrastructure should avoid additional land sealing and displacement of walking, cycling or public-transport infrastructure; an exception requires a careful assessment showing that positive environmental effects outweigh negative ones.
• Refinancing, funding projects already started or completed, leasing and hire purchase are excluded. The exclusion also covers asset transfers between affiliated businesses, businesses and their owners, spouses or civil partners, transfers arising from business splits, acquisitions of own shares, and arrangements that circumvent these rules.
• Light goods vehicles are excluded when intended exclusively for fossil-fuel transport. For the freight trains, heavy goods vehicles and freight vessels in annex section 2, the exclusion covers vehicles intended for fossil-fuel transport and work on those vehicles. Infrastructure intended for fossil-fuel transport or storage is also excluded. The project must comply with German environmental and social law, KfW's exclusion list and its oil-and-gas sector guideline.
• When combining public support, loans, grants and allowances cannot exceed your expenditure. Subsidy limits and rules for combining aid also apply. Under the de-minimis route, which limits small amounts of state aid to one undertaking, the total from one member state cannot exceed €300,000 over three years; this is an aid limit, not the amount you can borrow. The AGVO route excludes businesses meeting its legal financial-distress test and those that have not complied with an earlier EU aid-recovery order. The distress test includes, for example, businesses in collective insolvency proceedings or meeting the legal criteria for creditors to start them, and businesses with an unpaid rescue-aid loan, an outstanding rescue guarantee or an ongoing restructuring-aid plan. These are examples, not the whole test: Article 2(18) also sets capital-loss and, for larger businesses, financial-ratio tests with specific qualifications.
• Article 36a subsidies do not cover publicly accessible charging/refuelling infrastructure or charging/refuelling investments in ports. For eligible hydrogen stations using that subsidy route, the application must confirm that only renewable hydrogen will be supplied by 31 December 2035. New charging infrastructure of up to 22 kW must support smart charging functions. These are conditions of that subsidy route, not a blanket exclusion of those investments from programme 268.

Estado

Aberto continuamente

Restrições da rodada

• Apply through a financing partner before starting. Approval depends on available funds.

Apply to a financing partner of your choice, such as your bank, before starting the project. In KfW's gBzA centre, select programme 268 and enter your project details to produce the required application confirmation (gewerbliche Bestätigung zum Antrag). Sign it and send it to your financing partner, which handles the loan application.

After KfW approves, you can sign the loan agreement with the financing partner, draw the money and start. Funding is discretionary and depends on available funds.

After completion, promptly prove to your financing partner that you used the money as required—no later than 24 months after full loan disbursement. Also confirm compliance with the programme's technical requirements.