Release date: 17 May 2010
Promoter – Financial Intermediary
Landesbank Saar
Location
Description
Line of credit to finance projects in the energy sector, i.e. Sustainable, Competitive & Secure Energy (at least 70%). The remainder to be allocated for Environmental Protection & Sustainable Development and Knowledge Economy.
Objectives
Financing of investments of limited scale (mainly project finance) carried out by private sector investors and public sector authorities; main focus on projects in the area of renewable energies (wind, photovoltaics).
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 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 will have to comply with the relevant EU and national regulations.
Status
Signed - 3/01/2011