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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Luxembourg : € 100,000,000
    Services : € 50,000,000
    Energy : € 50,000,000
    Signature date(s)
    3/12/2009 : € 50,000,000
    3/12/2009 : € 50,000,000
    Link to source

    Summary sheet

    Release date
    6 October 2009
    Status
    Reference
    Signed | 03/12/2009
    20090360
    Project name
    Promoter - financial intermediary
    Marguerite 2020 Fund

    The European Investment Bank (EIB),
    Caisse des Dépôts et Consignations (CDC),
    Cassa Depositi e Prestiti (CDP),
    Kreditanstalt für Wiederaufbau (KfW),
    Instituto de Credito Oficial (ICO), and
    Powszechna Kasa Oszędności (PKO)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Equity EUR 100 million
    EUR 600-750 million at First Close, EUR 1.5 bn in total equity
    Location
    Sector(s)
    Description
    Objectives

    Pan-European infrastructure fund for long term institutional investors to finance the implementation of strategic European policy objectives and projects in the Transport, Energy/Climate and Renewables sectors.

    This Fund is designed to contribute to the European Economic Recovery Plan by financing the implementation of strategically important European policy objectives in Energy/Climate, Renewable and Transport sector infrastructures.

    Environmental aspects
    Procurement

    Due to their technical characteristics, some of the Fund’s investments may fall under Annex I or II of the EIA-Directive. The legal documentation to be entered into by the Bank will include a provision under which the Fund Manager should ensure that the portfolio companies are in compliance with Community and national law in relation to environmental protection.

    The Fund’s investment guidelines will be required to ensure that contracts for the implementation of individual schemes have been tendered in accordance with the relevant EU legislation in relation to competition and award of public contracts.

    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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    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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