Veröffentlichungsdatum: 2 November 2023
Projektträger – zwischengeschaltetes Finanzinstitut
ACCEPTABLE BANK(S)Ort
Beschreibung
Lending Envelope (LE) to support new CA&ES projects in the EU. Proposed under InvestEU, the sub-operations will achieve the objectives through the participation in mezzanine tranches of securitisation structures issued by acceptable EU financial institutions.
Additionality and Impact
This Lending Envelope for green securitisation, proposed under InvestEU as an innovative pilot, seeks to create additional lending capacity, through securitisation tools, to financial intermediaries, in order to boost their investments in small and medium scale projects eligible under EIB and InvestEU CA&ES criteria, including, amongst others, renewable energy and energy efficiency projects. The Lending Envelope primarily targets the InvestEU objectives of financing the development of i) the energy sector, in accordance with the Energy Union priorities, ii) sustainable and safe transport infrastructures and mobility solutions, and iii) sustainable uses of the environment and natural resources. In light of the market needs, the project aims to support the green transition through green projects of SMEs and Midcaps (c. 50%) as well as public and private sector entities, SPVs, private individuals and larger entities. The envelope might also support home-owners to undertake energy efficiency investments in their residential buildings. The Lending Envelope under InvestEU will encourage the growth of a green securitization market in the EU, whose size is at a sub-optimal level. Given the expected riskier profile of the sub-projects compared to the investments executed by EIB under own risk, the EIB would not be able to provide such product, or not to the same extent or quantum, without the InvestEU support.
The project will result in significant reduction of carbon footprint, pollution and other negative externalities.
Ziele
The Lending Envelope (LE) supports new projects promoting Climate Action and Environmental Sustainability (CA&ES) in the EU. Proposed under InvestEU, the sub-operations will achieve the objectives through the participation in mezzanine tranches of securitisation structures issued by acceptable EU financial institutions.
Sektor(en)
- Durchleitungsdarlehen - Durchleitungsdarlehen
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 800 million
Gesamtkosten (voraussichtlicher Betrag)
EUR 2560 million
Umweltaspekte
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Auftragsvergabe
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Projektstatus
Genehmigt - 13/12/2023