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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Czech Republic : € 25,000,000
    Energy : € 25,000,000
    Signature date(s)
    28/09/2007 : € 25,000,000
    Link to source

    Summary sheet

    Release date
    15 May 2007
    Status
    Reference
    Signed | 28/09/2007
    20070147
    Project name
    Promoter - financial intermediary
    Enercap Power Fund
    Enercap Capital Partners Limited
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 25 million.
    EUR 100 million.
    Location
    Sector(s)
    Description
    Objectives

    An equity fund investing in renewable energy infrastructure projects in the Central Europe and South East Europe regions.

    The objective of the fund is to make investments that reduce the impact of energy production on the environment, and in particular to contribute to mitigation of climate change, whilst at the same time producing an attractive return for investors.

    Environmental aspects
    Procurement

    Owing to their technical characteristics, some of the investments targeted by the Fund may fall under Directive 85/337/EEC, amended by 97/11/EC and 2003/35/EC., thus Environmental Impact Assessments (EIA) may be required.

    To be in accordance with the relevant EU legislation, including publication of tender notices in the EU Official Journal, as and where appropriate.

    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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    Other links
    Summary sheet

    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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    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 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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