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Signature(s)

Amount
€ 25,000,000
Countries
Sector(s)
Cyprus : € 25,000,000
Industry : € 12,500,000
Energy : € 12,500,000
Signature date(s)
27/12/2017 : € 12,500,000
27/12/2017 : € 12,500,000
Link to source

Summary sheet

Release date
16 November 2017
Status
Reference
Signed | 27/12/2017
20170350
Project name
Promoter - financial intermediary
CCB ENERGY EFFICIENCY FL PF4EE
CYPRUS COOPERATIVE BANK LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
EUR 40 million
Location
Sector(s)
Description
Objectives

The Framework Loan will finance small scale investments targeting energy efficiency measures mainly undertaken by households in Cyprus.

PF4EE was established under the umbrella of the EIB's DEEP Green initiative, which aims at scaling up financing for energy efficiency (EE) across a range of channels, including through stimulating financial intermediaries into focusing more of their lending on energy efficiency projects. The proposed operation will target three different segments: thermal insulation, complete EE renovation and construction of new Nearly zero-energy buildings (NZEBs).

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Comments

This operation is subject to approvals by the EIB's Governing Bodies.

Related projects
Parent project
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).

Documents

Environmental and Social Data Sheet (ESDS) - CCB ENERGY EFFICIENCY FL PF4EE
Publication Date
7 Jun 2018
Document language
Main Topic
Lending
Document Number
79025529
Document Focus
Environmental Information
Project Number
20170350
Sector(s)
Regions
Countries
Publicly available
Download now

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