Unterzeichnung(en)
Übersicht
Aviva Investors / Hadrian’s Wall Capital
Subordinated debt fund enabling capital markets to provide senior debt funding for infrastructure projects in Europe.
Enabling long term capital market funding by providing subordinated debt for priority infrastructure projects.
The Fund's draft documentation requires that in respect of the individual projects which are the ultimate beneficiary of the fund's debt (i) all have to comply with all applicable EU Directives and national legislation related to the environment; (ii) all should comply also with all multilateral environmental agreements to which the Member State is a party, and that (iii) the relevant environmental documentation related to the project shall be acquired and retained by the Fund, for future disclosure to the EIB if necessary.
The Fund's draft documentation requires that in respect of the individual projects which are the ultimate beneficiary of the fund's debt, procurement has been undertaken in accordance with EU procurement directives, and that specifically PPP projects have been procured in line with guidance in the EC Interpretative Communication on Concessions and that value for money has been demonstrated.
The fund is a Specialised Investment Fund.