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    Signature(s)

    Amount
    € 61,000,000
    Countries
    Sector(s)
    EU Countries : € 61,000,000
    Energy : € 61,000,000
    Signature date(s)
    30/07/2020 : € 30,500,000
    30/07/2020 : € 30,500,000
    Link to source

    Summary sheet

    Release date
    4 March 2020
    Status
    Reference
    Signed | 30/07/2020
    20190832
    Project name
    Promoter - financial intermediary
    PREDIREC ENR 2
    ACOFI GESTION
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 61 million
    EUR 300 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project concerns a Fund providing debt to developers of small and medium sized renewable energy and energy transition projects across the EU, with a 50% focus on France.

    Predirec EnR2 is an infrastructure debt fund financing European renewable energy developers and producers, and energy transition projects' sponsors via long-term loans constituting an attractive and necessary alternative to traditional sources for their development projects and investment in new production capacities.

    Environmental aspects
    Procurement

    The EIB will ensure that the Fund's operational guidelines comply with its social and environmental standards.

    The Fund has been assessed by EIB as lending only to private companies not being subject to EU rules on public procurement or concessions. However, if after the appraisal, the EIB were to conclude that the Fund also lends to projects subject to EU public procurement legislation, then the Bank would require the fund manager to ensure that contracts for the implementation of the projects financed by the Fund will be done in accordance with the EIB's Guide to Procurement.

    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) - PREDIREC ENR 2
    Publication Date
    15 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    126086822
    Document Focus
    Environmental Information
    Project Number
    20190832
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - PREDIREC ENR 2
    Publication Date
    20 Jul 2020
    Document Language
    English
    Main Topic
    lending
    Document Number
    132072509
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190832
    Last update
    20 Jul 2020
    Sector(s)
    Energy
    Countries
    France, 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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