CSAS GREEN ENERGY LOAN FOR SMES CZ

Promoter – Financial Intermediary

CESKA SPORITELNA AS

Location

• Czechia

Description

A loan to finance projects of up to EUR 25m not falling within excluded sectors, carried out by SMEs (at least 70% of the loan) and MidCaps as well as other limited-size eligible projects undertaken by public or private promoters. At least 50% of the loan is expected to be allocated to energy efficiency and renewable energy projects in the Czech Republic.

Objectives

Improving access to term finance at favourable conditions.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 50 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 - 16/07/2013