Release date: 5 October 2004
Promoter – Financial Intermediary
Investitionsbank des Landes Brandenburg (ILB), Potsdam.Location
Description
Global loan for the financing of SMEs and small-scale projects carried out by public and private sector promoters contributing towards specific sectors (see below).
Objectives
ILB is the development agency of the State of Brandenburg, an Objective 1 area. This operation aims at fostering small-scale investments contributing to regional convergence, the rational use of energy, environmental efficiency and, particularly, to increasing the supply of social housing for rental use.
Comments
Urban and housing renewal, infrastructure, environment, energy, health and education.
Sector(s)
Proposed EIB finance (Approximate amount)
Loan up to EUR 160m (100% own resources; up to 50% of project cost).
Total cost (Approximate amount)
n.a.
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 - 3/12/2004