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        HYPOVEREINSBANK GD - UMWELT

        Signature(s)

        Amount
        € 50,000,000
        Countries
        Sector(s)
        Germany : € 50,000,000
        Credit lines : € 50,000,000
        Signature date(s)
        24/09/2007 : € 50,000,000

        Summary sheet

        Release date
        9 July 2007
        Status
        Reference
        Signed | 24/09/2007
        20070267
        Project name
        Promoter - financial intermediary
        HypoVereinsbank Kreditlinie – Umwelt
        Bayerische Hypo- und Vereinsbank AG, München
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 100 million.
        EUR 200 million.
        Location
        Sector(s)
        Description
        Objectives

        Credit line for the financing of small-sized projects in the environmental sector. Projects targeting the i2i, human capital/health and energy segments will also be eligible.

        The proposed credit line intends to lower the funding cost for small-scale investment projects through the co-operation with HypoVereinsbank AG (HVB). HVB has identified a multitude of eligible investment projects of common interest, supporting the final beneficiaries in the field of environment, i2i, human capital, health and energy. The operation would therefore promote EU objectives for such projects, which cannot be reached by EIB otherwise.

        Environmental aspects
        Procurement

        Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the credit line.

        Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the credit line.

        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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