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Signature(s)

Amount
€ 84,000,000
Sector(s)
Energy : € 84,000,000
Signature date(s)
14/12/2018 : € 42,000,000
14/12/2018 : € 42,000,000
Link to source

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.

Link to source
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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) - 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
Environmental and Social Completion Sheet (ESCS) - NTR RENEWABLE ENERGY INCOME FUND II
Publication Date
17 Dec 2024
Document language
Main Topic
Lending
Document Number
238250494
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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