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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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