Release date: 21 May 2012
Promoter – Financial Intermediary
WIRTSCHAFTS- UND INFRASTRUKTURBANK HESSENLocation
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)
- Credit lines - Credit lines
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 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).