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        HELABA UMWELT GD

        Signature(s)

        Amount
        € 300,000,000
        Countries
        Sector(s)
        Germany : € 300,000,000
        Credit lines : € 300,000,000
        Signature date(s)
        12/07/2007 : € 150,000,000
        2/05/2007 : € 150,000,000

        Summary sheet

        Release date
        1 March 2007
        Status
        Reference
        Signed | 02/05/2007
        20070061
        Project name
        Promoter - financial intermediary
        HELABA Umwelt
        Landesbank Hessen-Thüringen Girozentrale (HELABA)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 300 million.
        Not applicable.
        Location
        Sector(s)
        Description
        Objectives

        Dedicated global loan financing small-scale eligible investments in the fields of environment, innovation and health.

        The proposed global loan intends to lower the funding cost for small-scale projects through the cooperation with HELABA, a well-established partner bank on a regional and national level. HELABA has identified a multitude of eligible investment projects of common interest, supporting environment, innovation and health. The operation would therefore promote EU objectives for such projects, which cannot otherwise be reached by EIB.

        Environmental aspects
        Procurement

        Compliance with EU and national environmental legislation and guidelines will be made a condition for each sub-project under the global loan.

        Compliance with EU Directives and national legislation and guidelines is made a condition for each allocation under the global loan.

        Comments

        Environment, innovation, health.

        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.

        Media enquiries

        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.

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