ENVIRONMENT & ENERGY FRAMEWORK LOAN

Signature(s)

€ 200,000,000

Türkiye : € 200,000,000

Energia : € 200,000,000

8/05/2008 : € 200,000,000

Summary sheet

26 October 2007

Signed | 08/05/2008

20060284

Environment & Energy Mid-Cap Facility

Industrial Development Bank of Turkey (TSKB)
Development Bank of Turkey (TKB)

Up to EUR 200 million.

Not apllicable.

Türkiye

Energy

The credit line will be dedicated to finance small and medium scale investments (up to EUR 50 million in projects costs) in the environment and energy sector, including renewable energy, pollution abatment, natural gas distribution and energy efficiency projects.

The project fully supports the objectives of the Pre-Accession Mandate by providing financing for a number of smaller investments in the environment and energy sectors that would otherwise be too small as individual projects for direct EIB funding.

All investments financed from the resources made available by the Bank are required to comply with the relevant national legal framework and to be acceptable in environmental terms for the Bank, in-line and as appropriate, with EU Environmental policy and directives.

The legal documentation will oblige the intermediaries to ensure that procurement procedures are done in accordance with the EIB Guidelines.

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

Related publications

EIB Transparency Policy

Guide to procurement

Guide to accessing environmental and social information/documents