A loan to finance small and medium-size energy efficiency projects carried out by SMEs as well as other projects of limited size undertaken by SMEs, mid-caps or other public or private promoters mainly in the Czech Republic. The share of projects carried out by SMEs and mid-caps shall be at least 70%.
Objectives
Financing of projects carried out by SMEs and mid-caps as well as eligible projects of limited size undertaken by other promoters. The loan is also expected to be accompanied by a grant component to support energy efficiency projects undertaken by small and medium-sized enterprises, including eligible housing associations (SME Finance Facility Energy Efficiency Window).
Comments
SME Finance Facility Energy Efficiency Window contains three types of grant support: (i) investment incentive paid to eligible projects; (ii) administrative fee to cover costs incurred by the financial intermediary; and (iii) remuneration for the energy efficiency consultant.
Sector(s)
Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Status
Approved
-
14/03/2013.
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).
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.
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.
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.
SME Finance Facility Energy Efficiency Window contains three types of grant support: (i) investment incentive paid to eligible projects; (ii) administrative fee to cover costs incurred by the financial intermediary; and (iii) remuneration for the energy efficiency consultant.