Marguerite 2020 Fund

Luxembourg

Description

Pan-European infrastructure fund for long term institutional investors to finance the implementation of strategic European policy objectives and projects in the Transport, Energy/Climate and Renewables sectors.

Objectives

This Fund is designed to contribute to the European Economic Recovery Plan by financing the implementation of strategically important European policy objectives in Energy/Climate, Renewable and Transport sector infrastructures.

Comments

Sector(s)

Energy
Services

Proposed EIB finance (Approximate amount)

Equity EUR 100 million

Total cost (Approximate amount)

EUR 600-750 million at First Close, EUR 1.5 bn in total equity

Environmental aspects

Due to their technical characteristics, some of the Fund’s investments may fall under Annex I or II of the EIA-Directive. The legal documentation to be entered into by the Bank will include a provision under which the Fund Manager should ensure that the portfolio companies are in compliance with Community and national law in relation to environmental protection.

Procurement

The Fund’s investment guidelines will be required to ensure that contracts for the implementation of individual schemes have been tendered in accordance with the relevant EU legislation in relation to competition and award of public contracts.

Status

Signed - 03/12/2009.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

Projects

Participation in pan-European infrastructure fund targeting key energy, environmental and transport objectives

E-mail

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding 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, EIB can also be contacted through its external offices.

Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.

Media enquiries

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

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged to 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 or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.

EIB Transparency Policy

The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.

Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.