Framework loan to finance energy efficiency projects carried out by energy services companies, including rehabilitation of buildings, street lighting and other investments.
The present loan will be specifically earmarked for projects that contribute to promoting energy efficiency and also to tackling the effects of climate change.
This operation intends to bring environmental benefits by supporting projects that reduce energy consumption, to increase the use of renewable energies and to help mitigate climate change. The cumulative impact of sub-projects could generate significant environmental benefits. The individual schemes to be financed are likely to be small and are expected to have limited environmental impacts. The Bank will assess the energy service companies' (ESCOs’) capacity and procedures to ensure compliance with national and European environmental and biodiversity regulations as well as its capacity to support the Bank's Public Disclosure Policy, which aims at facilitating access by the public to environmentally relevant information.
For public sector projects, contracts will be awarded following a public procurement procedure carried out by the public authority. The compliance of the procurement procedures applied with the relevant directives and national regulations will be analysed. The Bank will, in any case, review systems and procedures for procurement applied by the promoters, including an appropriate selection of works, goods and services offered at competitive prices and including compliance with relevant national and EU legislation and publication in the Official Journal of the EU where appropriate.
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.
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.