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        RBI REPOWER FL

        Summary sheet

        Release date
        15 June 2023
        Status
        Reference
        Under appraisal | 17/05/2023
        20230089
        Project name
        Promoter - financial intermediary
        RBI REPOWER FL
        RAIFFEISEN BANK INTERNATIONAL AG
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 200 million
        EUR 267 million
        Location
        Sector(s)
        • Energy - Electricity, gas, steam and air conditioning supply
        Description
        Objectives

        The project consists in an intermediated Framework Loan (FL) with RAIFFEISEN BANK INTERNATIONAL (RBI) to finance renewable energy projects in Austria and other EU member states.

        The aim is to support the development of renewable energy projects in the European Union, in line with the EU's objectives on climate change and security of energy supply.

        Environmental aspects
        Procurement

        The operation intends to generate environmental benefits by supporting sustainable energy infrastructure that helps to mitigate climate change. The EIB will assess the capacity and procedures of the financial intermediary to ensure compliance with national and EU environmental and biodiversity regulations.

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

        Milestone
        Under appraisal

        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).

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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