Release date: 11 April 2005
Promoter – Financial Intermediary
Bayerische Landesbank (BayernLB)Location
Description
Projects of limited size promoting environmental protection, rational use of energy, improvement of infrastructure (including health, education and social housing in well defined urban schemes) and i2i.
Objectives
The proposed global loan will finance small- and medium-scale projects in the fields of environmental protection, energy saving and infrastructure (including health and education) and i2i, the support of which is in line with both national and Community objectives. A large portion of the projects will be located in the assisted areas of Germany. For the above stated reasons the global loan is deemed eligible under Article 267 points a) and c) of the EU Treaty.
Comments
Regional Development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
EUR 400 million.
Environmental aspects
Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as may be appropriate.
Procurement
Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as may be appropriate.
Status
Signed - 23/05/2005