Release date: 28 June 2010
Promoter – Financial Intermediary
Promoter : Yapi ve Kredi Bankasi AS
Final Beneficiaries : Private Sector Companies.
Location
Description
The proposed framework loan will be used primarily to finance renewable energy and energy efficiency projects as well as other projects with a significant positive contribution towards the environment and the fight against climate change.
Objectives
The proposed framework loan will be used primarily to finance renewable energy and energy efficiency projects as well as other projects with a significant positive contribution towards the environment and the fight against climate change.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Up to EUR 400 million.
Environmental aspects
The operation intends to create environmental benefits by supporting projects that help reduce greenhouse gas emissions and mitigate climate change. The individual schemes to be financed are likely to be of limited size and would be expected to have limited environmental risks.
Procurement
The Bank will review systems and procedures applied by the promoter, including compliance with relevant national and EU legislation, as defined by Procurement Directive 2004/17/EC, and where necessary, publication in the Official EU Journal of the EU.
Status
Signed - 17/12/2010