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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Cyprus : € 25,000,000
    Energy : € 12,500,000
    Industry : € 12,500,000
    Signature date(s)
    27/12/2017 : € 12,500,000
    27/12/2017 : € 12,500,000

    Summary sheet

    Release date
    16 November 2017
    Status
    Reference
    Signed | 27/12/2017
    20170350
    Project name
    Promoter - financial intermediary
    CCB ENERGY EFFICIENCY FL PF4EE
    CYPRUS COOPERATIVE BANK LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 40 million
    Location
    Sector(s)
    Description
    Objectives

    The Framework Loan will finance small scale investments targeting energy efficiency measures mainly undertaken by households in Cyprus.

    PF4EE was established under the umbrella of the EIB's DEEP Green initiative, which aims at scaling up financing for energy efficiency (EE) across a range of channels, including through stimulating financial intermediaries into focusing more of their lending on energy efficiency projects. The proposed operation will target three different segments: thermal insulation, complete EE renovation and construction of new Nearly zero-energy buildings (NZEBs).

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Comments

    This operation is subject to approvals by the EIB's Governing Bodies.

    Related projects
    Parent project

    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) - CCB ENERGY EFFICIENCY FL PF4EE
    Publication Date
    7 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    79025529
    Document Focus
    Environmental Information
    Project Number
    20170350
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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