Release date: 2 February 2009
Promoter – Financial Intermediary
Commerzbank AG
Location
Description
Credit line focussing on small and medium-sized eligible investments in the EU-27 with priority on projects under the Bank’s energy priority objective.
Objectives
The proposed credit line is dedicated to financing small and medium-sized eligible investments with the focus on projects in the energy sector in the EU-27. While minimum 70 % of the financing will be directed to investments in the priority objective area “Energy”, the remainder of the loan can be allocated to projects qualifying for EIB financing under the eligibilities knowledge economy, environment, sustainable communities, human capital and EIB convergence regions.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
EUR 400 million.
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 - 19/06/2009