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Summary sheet

Release date
7 February 2025
Status
Reference
Under appraisal | 10/10/2024
20240595
Project name
Promoter - financial intermediary
ENERGY EFFICIENCY CO-INVESTMENT PROGRAMME
SPECIAL PURPOSE ENTITY(IES)/FUND
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 1875 million
Location
Sector(s)
Description
Objectives

The co-investment programme will finance energy efficiency and decarbonisation projects carried out by small and medium-sized enterprises (SMEs) and mid-caps across the EU.

The main purpose of the EIB co-investment contribution is to address any funding gap arising when the financing needs of EU-based projects, identified by a fund manager, exceed the maximum investment amount a fund can allocate to a single project, particularly in the case of larger projects targeted by investment funds.

Environmental aspects
Procurement

The co-investment programme will finance sub-projects of funds in which the EIB is an investor or with whom EIB Group has an established track record and which comply with EIB's eligibility criteria, including EIB's environmental and social standards as well as applicable EU environmental directives.

The sub-projects may be public or private sector projects which are compliant with EIB's eligibility criteria, including procurement standards and applicable EU directives. The funds investment guidelines require the fund managers to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant EU Directives.

Milestone
Under appraisal
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).

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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