Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    EU Countries : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    30/11/2016 : € 37,500,000
    30/11/2016 : € 37,500,000

    Summary sheet

    Release date
    4 June 2015
    Status
    Reference
    Signed | 15/12/2016
    20150273
    Project name
    Promoter - financial intermediary
    IMPAX NEW ENERGY INVESTORS III
    IMPAX ASSET MANAGEMENT
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 500 million
    Location
    Sector(s)
    Description
    Objectives

    EU renewable energy infrastructure fund

    The fund aims to invest mainly in the construction of on-shore wind, solar and hydro projects, primarily in selected European countries.

    Environmental aspects
    Procurement

    Most, if not all, of the renewable energy projects financed by the fund are expected to fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, in which case the projects would be subject to an EIA based on a case-by-case decision or defined criteria set by the competent authority. The promoter's capacity and procedures will be assessed to ensure that the fund management and its investee companies are in compliance with the Bank's environmental and social requirements for infrastructure fund activities.

    The fund's investment guidelines will be required to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant directives. Most, if not all, of the projects financed by the fund are expected not to be subject to public procurement procedures as outlined in Directive 2004/17/EC.

    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) - IMPAX NEW ENERGY INVESTORS III
    Publication Date
    15 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61323649
    Document Focus
    Environmental Information
    Project Number
    20150273
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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.

    Related publications