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    Reference: 20120212
    Release date: 21 May 2012

    Promoter – Financial Intermediary

    WIRTSCHAFTS- UND INFRASTRUKTURBANK HESSEN

    Location

    Description

    This dedicated global loan operation will support the promotional programme of the Wirtschafts- und Infrastrukturbank Hessen (WIBank), primarily aimed at the development of the broadband internet infrastructure in the region. The promotional programme will be executed in co-operation with the Federal State of Hessen and will focus on smaller investment schemes promoted according to the specific criteria established in line with European regulations on public aid.

    Objectives

    Improving access to term finance at favourable conditions

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 80 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 19/12/2012

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Germany Credit lines