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Signature(s)

Amount
€ 72,000,000
Countries
Sector(s)
Austria : € 72,000,000
Energy : € 72,000,000
Signature date(s)
27/06/2022 : € 72,000,000
Link to source

Summary sheet

Release date
31 May 2022
Status
Reference
Signed | 27/06/2022
20210203
Project name
Promoter - financial intermediary
CLIMATE ACTION AUSTRIA UNICREDIT (FL)
UNICREDIT BANK AUSTRIA AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 92 million
EUR 200 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Framework loan with Unicredit Bank Austria for the intermediated financing of small and medium-sized renewable energy and energy efficiency projects in Austria.

The loan will support the development of renewable energy projects in Austria, contributing to renewable energy targets in the country and consequently in the European Union.

Environmental aspects
Procurement

This operation aims at generating environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the financial intermediary to ensure compliance with the national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.

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

Related projects
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) - CLIMATE ACTION AUSTRIA UNICREDIT (FL)
Publication Date
21 Jul 2022
Document language
Main Topic
Lending
Document Number
141681581
Document Focus
Environmental Information
Project Number
20210203
Sector(s)
Regions
Countries
Publicly available
Download now

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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.
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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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