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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    EU Countries : € 100,000,000
    Telecom : € 22,000,000
    Solid waste : € 24,000,000
    Transport : € 26,000,000
    Energy : € 28,000,000
    Signature date(s)
    13/09/2016 : € 11,000,000
    13/09/2016 : € 11,000,000
    13/09/2016 : € 12,000,000
    13/09/2016 : € 12,000,000
    13/09/2016 : € 13,000,000
    13/09/2016 : € 13,000,000
    13/09/2016 : € 14,000,000
    13/09/2016 : € 14,000,000
    Link to source

    Summary sheet

    Release date
    26 January 2016
    Status
    Reference
    Signed | 13/09/2016
    20150585
    Project name
    Promoter - financial intermediary
    CUBE INFRASTRUCTURE FUND II
    CUBE INFRASTRUCTURE MANAGERS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 1200 million
    Description
    Objectives

    Generalist infrastructure fund targeting equity investments in Europe

    The Fund will target investments in medium-sized operators which aim to develop infrastructure assets with a focus on western and northern Europe.

    Environmental aspects
    Procurement

    Most of the Fund's underlying infrastructure investments will fall under Annex I or II of Environmental Impact Assessment (EIA) Directive 2011/92/EU, requiring a full environmental impact assessment or screening by the national competent authority on the basis of Annex III to determine the need for further assessment. The legal documentation to be entered into by the Bank will require the Fund manager to ensure that its underlying investments respect the requirements and/or principles of the EU directives and comply with the Bank's environmental and social standards.

    The Fund will ensure that procurement procedures of underlying investments are undertaken in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - CUBE INFRASTRUCTURE FUND II
    Publication Date
    1 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67397835
    Document Focus
    Environmental Information
    Project Number
    20150585
    Publicly available
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