Release date: 9 July 2007
Promoter – Financial Intermediary
Bayerische Hypo- und Vereinsbank AG, MünchenLocation
Description
Credit line for the financing of small-sized projects in the environmental sector. Projects targeting the i2i, human capital/health and energy segments will also be eligible.
Objectives
The proposed credit line intends to lower the funding cost for small-scale investment projects through the co-operation with HypoVereinsbank AG (HVB). HVB has identified a multitude of eligible investment projects of common interest, supporting the final beneficiaries in the field of environment, i2i, human capital, health and energy. The operation would therefore promote EU objectives for such projects, which cannot be reached by EIB otherwise.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
EUR 200 million.
Environmental aspects
Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the credit line.
Procurement
Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the credit line.
Status
Signed - 24/09/2007