Release date: 11 April 2005
Promoter – Financial Intermediary
Landesbank Baden-Württemberg, Stuttgart (“LBBW”).Location
Description
Global loan (A) for the financing of small and medium sized projects carried out by SMEs or (B) for the financing of small and medium sized projects in the field of environmental protection, rational use of energy, improvement of municipal infrastructure as well as ventures in the sectors of health and education and of housing integrated in well defined urban schemes.
Objectives
LBBW’s predominant business policy objective is the promotion of the economic environment in its core market, Baden-Württemberg. The Land Baden-Württemberg is one of the key regions in Germany for innovation and research & development related investments, mostly through its vast SME sector. The global loan would focus on investments of SME’s as well as the related public and private infrastructure, which is one of the main factors to attract new investments in the area.
Comments
Environmental protection, the rational use of energy, infrastructure investments, incl. Health, education and urban renewal.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Up to EUR 200 million.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Compliance with EU directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the Global Loan.
Status
Signed - 6/12/2004
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).