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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Austria : € 50,000,000
    Energy : € 15,000,000
    Industry : € 35,000,000
    Signature date(s)
    17/12/2013 : € 15,000,000
    17/12/2013 : € 35,000,000

    Summary sheet

    Release date
    20 September 2013
    Status
    Reference
    Signed | 17/12/2013
    20130275
    Project name
    Promoter - financial intermediary
    AUSTRIAN ENERGY EFFICIENCY FL
    Austrian specialised banks acting in the sector of energy efficiency in buildings. One of the Promoter identified being BAUSPARKASSE DER OESTERREICHISCHEN SPARKASSEN AG.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 270 million
    Location
    Sector(s)
    Description
    Objectives

    Funding of energy efficiency investments in social and private residential buildings as well as in public buildings, provided that the projects either reach specified energy levels, or are supported by the Republic of Austria and/or Austrian Regions through dedicated grants programs.

    Energy Efficiency and Renewable Energy Climate Action (transversal)

    Environmental aspects
    Procurement

    This operation intends to bring environmental benefits by supporting schemes that reduce energy consumption, increase the use of renewable energies and thus help to mitigate climate change. The individual schemes to be financed are likely to be small and are expected to have limited negative environmental impacts. The cumulated impact of sub-projects could instead generate important environmental benefits. The Bank will assess the promoter’s 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

    The majority of the schemes are expected to be developed by private entities that are not subject to EU Procurement Directives. For those schemes where public procedures would apply (e.g. public buildings or publicly owned residential buildings), the promoter will be required to confirm that procurement is carried out in line with the requirements for public sector projects under the relevant national and EU legislation, including publication in the OJEU as and where required.

    Comments

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - AUSTRIAN ENERGY EFFICIENCY FL
    Publication Date
    2 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    49601972
    Document Focus
    Environmental Information
    Project Number
    20130275
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - AUSTRIAN ENERGY EFFICIENCY FL
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    95473503
    Document Focus
    Environmental Information
    Project Number
    20130275
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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