Release date: 6 May 2008
Promoter – Financial Intermediary
Commerzbank AGLocation
Description
Credit line focussing on small and medium-sized eligible investments in the EU with the focus on projects under the energy priority objective.
Objectives
The proposed credit line is dedicated for financing of small scale projects in the energy sector. Working in co-operation with Commerzbank, the Bank financing will be reaching a large number of small investment projects that normally would not qualify for direct EIB funding. The sub-projects are expected to represent a mix of investments relating to different operational categories under the eligibility “Energy”.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All eligible projects financed under the proposed credit line will have to comply with the relevant EU and national regulations.
Procurement
All eligible projects financed under the proposed credit line must comply with the relevant national and the EU regulations.
Status
Signed - 7/10/2008
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).