Release date: 28 June 2011
Promoter – Financial Intermediary
Commerzbank AG
Location
Description
Credit line focusing on small-scale investment projects in the areas of environmental protection and sustainable communities.
Objectives
The proposed credit line intends to lower the funding cost for small-scale investment projects through the co-operation with Commerzbank AG. The operation will promote relevant EU objectives by supporting eligible investment projects that otherwise could not be reached by EIB directly due to their limited size. Commerzbank has confirmed its interest to support the final beneficiaries and investments in the targeted market segments and is already in the process of identifying operations to be financed from the proceeds of the EIB credit line.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
All eligible projects financed under the proposed global loan will have to comply with the relevant EU and national regulations.
Procurement
All eligible projects financed under the proposed global loan must comply with the relevant national and the EU regulations.
Status
Signed - 31/10/2011
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).