Release date: 24 February 2005
Promoter – Financial Intermediary
Landesbank Hessen-Thüringen Girozentrale (Helaba)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).
Objectives
The proposed global loan will finance small- and medium-scale projects in the fields of environmental protection, energy saving and infrastructure (including health and education), the support of which is in line with both national and Community objectives. A large portion of the projects will be located in the assisted areas in eastern Germany, which is entirely an Objective 1 region. For the above stated reasons the global loan is deemed eligible under Article 267 points a) and c) of the EU Treaty.
Comments
Common Interest, Regional Development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
EUR 600 million
Environmental aspects
Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as may be appropriate.
Procurement
Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as may be appropriate.
Status
Signed - 26/10/2005
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).