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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Austria : € 50,000,000
    Credit lines : € 50,000,000
    Signature date(s)
    24/11/2005 : € 50,000,000
    Link to source

    Summary sheet

    Release date
    22 August 2005
    Status
    Reference
    Signed | 24/11/2005
    20050233
    Project name
    Promoter - financial intermediary
    BACA Mid Cap Facility
    Bank Austria Creditanstalt AG.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    The financing of small- and medium-sized projects in the fields of regional development, environmental protection, rational use of energy and i2i.

    Financing of projects of limited size with a maximum investment volume of EUR 50m implemented by small-sized or mid-cap promoters with less than 3,000 employees, in the field of:

    • regional development
    • environmental protection
    • energy saving
    • i2i

    Environmental aspects
    Procurement

    All sub-projects financed under the proposed loan will be required to comply with the relevant national legal framework, to be acceptable in environmental terms to EIB and in line with EU environmental policy.

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

    Comments

    Environment, Energy, i2i.

    Link to source
    Summary sheet

    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).

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    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.

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    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.

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    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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