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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Austria : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
9/12/2020 : € 50,000,000
Link to source

Summary sheet

Release date
15 December 2020
Status
Reference
Signed | 09/12/2020
20200327
Project name
Promoter - financial intermediary
ERSTE GREEN HOUSING MBIL
ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
Description
Objectives

The proposed Multi Beneficiary Intermediated Loan (MBIL) to Erste Bank der Oesterreichischen Sparkassen AG will be dedicated to the financing of (i) the construction of new residential buildings beyond the minimum applicable energy efficiency standards in Austria, and (ii) refurbishments of existing buildings up to current energy efficiency standards.

Financing of small and medium-sized projects undertaken by residential real estate development companies will support the implementation of long-term green real estate projects.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source
Other links

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) - ERSTE GREEN HOUSING MBIL
Publication Date
19 Dec 2020
Document language
Main Topic
Lending
Document Number
131962942
Document Focus
Environmental Information
Project Number
20200327
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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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