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        UNICREDIT CZ RENEWABLE ENERGY

        Signature(s)

        Amount
        € 100,000,000
        Countries
        Sector(s)
        Czech Republic : € 100,000,000
        Credit lines : € 100,000,000
        Signature date(s)
        4/01/2011 : € 100,000,000
        Link to source
        Data sheet
        UNICREDIT CZ RENEWABLE ENERGY
        Other links
        Summary sheet
        Unicredit Czech Republic Renewable Energy

        Summary sheet

        Release date
        2 September 2010
        Status
        Reference
        Signed | 04/01/2011
        20100449
        Project name
        Promoter - financial intermediary
        Unicredit Czech Republic Renewable Energy

        UniCredit Bank Czech Republic, a.s.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 100 million.
        Not applicable.
        Location
        Sector(s)
        Description
        Objectives

        Dedicated credit line for renewable energy installations in the Czech Republic.

        The proposed credit line would be primarily used to co-finance small to medium-sized photovoltaic plants, with the residual balance to be used for other renewable energy investments (mainly in the area biomass).

        Environmental aspects
        Procurement

        The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.

        The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.

        Link to source
        Summary sheet
        Unicredit Czech Republic Renewable Energy
        Other links
        Data sheet
        UNICREDIT CZ RENEWABLE ENERGY

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        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.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        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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