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    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

    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
    Other links

    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).

    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.

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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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