Rentenbank Micro GL Renewable Energy

Promoter – Financial Intermediary

Landwirtschaftliche Rentenbank Frankfurt

Location

• Germany

Description

Credit line for the refinancing of Rentenbank’s dedicated program promoting renewable energy, mainly biofuel and photovoltaic projects.

Objectives

Financing will focus on small projects (up to EUR 1.5m loan amount) of mostly micro-enterprises (up to 10 employees).

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 200million

Total cost (Approximate amount)

Not applicable.

Environmental aspects

The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.

Procurement

The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.

Status

Signed - 13/12/2007