Release date: 27 April 2005
Promoter – Financial Intermediary
Landesbank SaarLocation
Description
Projects of limited size promoting infrastructure, health and education as well as environmental protection, rational use of energy and i2i. The projects will mainly be located in assisted areas in the Saarland and neighbouring regions.
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) and i2i, 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 of the Saarland and neighbouring regions. 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 100 million.
Total cost (Approximate amount)
EUR 200 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 - 1/07/2005