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    Signature(s)

    Amount
    € 84,000,000
    Countries
    Sector(s)
    EU Countries : € 84,000,000
    Energy : € 84,000,000
    Signature date(s)
    14/12/2018 : € 42,000,000
    14/12/2018 : € 42,000,000

    Summary sheet

    Release date
    1 December 2017
    Status
    Reference
    Signed | 14/12/2018
    20170774
    Project name
    Promoter - financial intermediary
    NTR RENEWABLE ENERGY INCOME FUND II
    PRIVATE ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 84 million
    EUR 303 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Pan-European fund targeting mainly greenfield renewable energy projects.

    The fund aims to invest equity in the development, construction and operations of small to medium-sized wind, solar and energy storage assets in the EU.

    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 2014/52/EU amending Directive 2011/92/EU, in which case the projects may be subject to a full EIA, following a screening based on Annex III of the EIA Directive by the competent authorities. 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 require the fund manager to take all the requisite measures to ensure that contracts for the implementation of the projects financed by the fund have been or will be (as appropriate) tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/23/EU and/or Directive 2014/24/EU and/or Directive 2014/25/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the European Union, as and where required.

    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) - NTR RENEWABLE ENERGY INCOME FUND II
    Publication Date
    13 Apr 2018
    Document language
    Main Topic
    Lending
    Document Number
    80783131
    Document Focus
    Environmental Information
    Project Number
    20170774
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - NTR RENEWABLE ENERGY INCOME FUND II
    Publication Date
    16 Apr 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    82846015
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170774
    Last update
    16 Apr 2018
    Sector(s)
    Energy
    Countries
    EU 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.

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