Ireland launches €500M low-cost home retrofit loan scheme at 3.55% for energy-efficient upgrades.

Ireland launches €500M low-cost home retrofit loan scheme, offering loans at a rate of 3.55% for upgrades. Homeowners can borrow between €5,000 and €75,000 for energy-efficient improvements, with the state providing a fund to de-risk the process for lenders. Permanent TSB is the first financial institution to offer loans under the scheme, with other banks expected to follow.