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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    The Netherlands : € 30,000,000
    Energy : € 30,000,000
    Signature date(s)
    5/08/2020 : € 15,000,000
    5/08/2020 : € 15,000,000
    Link to source

    Summary sheet

    Release date
    3 March 2020
    Status
    Reference
    Signed | 05/08/2020
    20190659
    Project name
    Promoter - financial intermediary
    DOROTHEA INVESTMENT VEHICLE
    ASPER INVESTMENT MANAGEMENT LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 350 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project concerns an investment vehicle targeting equity investments in district heating projects. Structured as a fund it will invest in a non-blindpool of exclusive projects focused on Dutch heat networks.

    The operation will contribute to the reduction of air pollution levels and the improvement of public health. The investment will improve living conditions and will ensure alignment with the EU standards, as well as help to build up economic and social resilience, with a priority on efficiency improvements.

    Environmental aspects
    Procurement

    The Fund's environmental and social aspects will be assessed during appraisal to ensure compliance with EIB's Environmental and Social Standards, EU's and national legislation. Additionally, the review will also concern the capacity of the Fund Manager to assess and monitor environmental and social risks and impacts.

    The Fund Manager will have to take all measures to ensure that contracts for the implementation of the projects financed by the Fund will be tendered in line with the relevant applicable EU procurement legislation.

    Link to source

    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) - DOROTHEA INVESTMENT VEHICLE
    Publication Date
    20 Aug 2020
    Document language
    Main Topic
    Lending
    Document Number
    130180670
    Document Focus
    Environmental Information
    Project Number
    20190659
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - DOROTHEA INVESTMENT VEHICLE
    Publication Date
    29 Oct 2020
    Document Language
    English
    Main Topic
    lending
    Document Number
    134659710
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190659
    Last update
    30 Oct 2020
    Sector(s)
    Energy
    Countries
    The Netherlands
    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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