Release date: 30 July 2004
Promoter – Financial Intermediary
- Bremer Landesbank, Kreditanstalt Oldenburg Girozentrale Bremen/Oldenburg
- HSH Nordbank, Hamburg/Kiel
- Norddeutsche Landesbank Girozentrale, Hannover
Location
Description
Projects of limited scale in infrastructure, environmental protection and improvement, energy, health, education and housing. A particular importance will be given to projects located in eastern Germany, which is an objective 1 area, as well as objective 2 areas. The excellent quality of the Bank's counterparts' reporting will allow a transparent allocation of resources to the sub-sectors.
Ventures will be located mainly in Northern Germany. Other areas in Germany and other EU member countries are not targeted, but should, however, not be excluded in this operation.
Objectives
Global loan for the financing of small and medium sized projects in the fields of health, education, environmental protection, rational use of energy and improvements of infrastructure and housing.
Comments
Objective 1, Environmental Protection, Infrastructure of common interest, health, education.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of project costs.
Total cost (Approximate amount)
Up to EUR 600 m.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
For the award of public contracts the EU tender directives are to be followed.
Status
Signed - 27/12/2004
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).