Release date: 5 November 2004
Promoter – Financial Intermediary
Thüringer Aufbaubank (TAB). The final beneficiaries will be public or private investors promoting eligible small and medium sized projects.Location
Description
Projects of limited size promoting environmental protection, rational use of energy, improvement of infrastructure (including health, education and social housing in well defined urban schemes), and eligible projects by SMEs, all in Obj. 1 assisted areas. The GL facility may also be used for projects of limited scale in the fields of Research and Development (R&D, i2i).
Objectives
The proposed global loan will finance small and medium-scale projects in the fields of improvement of infrastructure, environmental protection, energy saving, health and education as well as housing, the support of which is in line with both national and Community objectives.
Comments
Regional Development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50m.
Total cost (Approximate amount)
EUR 100m.
Environmental aspects
Compliance with EU directives and national legislation and guidelines (e.g. on EIA, etc.) is made a condition and to be confirmed/verified by TAB for each allocation under the Global Loan.
Procurement
TAB will verify that the final beneficiaries comply with national and EU regulations relating to public 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 - 9/10/2008
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).