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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Italy : € 15,000,000
    France : € 26,250,000
    EU Countries : € 33,750,000
    Energy : € 75,000,000
    Signature date(s)
    16/12/2019 : € 7,500,000
    16/12/2019 : € 7,500,000
    16/12/2019 : € 13,125,000
    16/12/2019 : € 13,125,000
    16/12/2019 : € 16,875,000
    16/12/2019 : € 16,875,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    24 September 2019
    Status
    Reference
    Signed | 13/12/2019
    20190421
    Project name
    Promoter - financial intermediary
    INFRAGREEN IV SLP
    RGREEN INVEST
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 500 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project consists of an investment fund focusing on renewable energy projects in the European Economic Area, with around 50% of the funds expected to be invested in France and Italy.

    The fund will mainly invest equity and quasi-equity in small to medium size wind, solar and other/innovative technologies (biogas/biomass, energy storage, energy efficiency and green mobility), in the European Economic Area.

    Environmental aspects
    Procurement

    Most of the Fund's underlying infrastructure investments will either require a full environmental impact assessment (EIA) or a screening decision by the national competent authority to determine whether an EIA is required or not. The Bank will require the fund to ensure that its underlying investments respect the relevant EU directives and the environmental and social standards of the EIB.

    The fund manager will be required 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, 2014/24/EU, 2014/25/EU, where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Link to source
    Summary sheet

    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) - INFRAGREEN IV SLP
    Publication Date
    21 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    95795240
    Document Focus
    Environmental Information
    Project Number
    20190421
    Sector(s)
    Regions
    Publicly available
    Download now
    scoreboard - INFRAGREEN IV SLP
    Publication Date
    3 Mar 2020
    Document Language
    English
    Main Topic
    lending
    Document Number
    127203195
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190421
    Last update
    4 Mar 2020
    Sector(s)
    Energy
    Countries
    France, Italy, EU Countries
    Publicly available
    Download now

    News & Stories

    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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