Release date: 30 October 2003
Promoter – Financial Intermediary
Bayerische Hypo- und Vereinsbank AG, Munich.Location
Description
Projects of limited size aiming at promoting environmental protection, the rational use of energy, infrastructure investments (including health, education and urban renewal), and SMEs.
Objectives
Global loan for the financing of small and medium sized projects carried out by SMEs or contributing towards environmental protection, rational use of energy and improvements to infrastructure in assisted areas and/or those of infrastructure related to education, health and urban renewal.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
At least EUR 400 million
Environmental aspects
Compliance with EU directives and national legislation and guidelines is made a condition and to be confirmed by the promoter for each allocation under the Global Loan.
Procurement
All eligible projects will have to respect the rules and conditions on procurement set out in the side-letters provided to this effect, in line with European and national legislation.
Status
Signed - 8/12/2004
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).