Release date: 7 January 2013
Promoter – Financial Intermediary
RAIFFEISENBANK ASLocation
Description
A loan to finance small and medium-size energy efficiency projects carried out by SMEs as well as other projects of limited size undertaken by SMEs, mid-caps or other public or private promoters mainly in the Czech Republic. The share of projects carried out by SMEs and mid-caps shall be at least 70%.
Objectives
Financing of projects carried out by SMEs and mid-caps as well as eligible projects of limited size undertaken by other promoters. The loan is also expected to be accompanied by a grant component to support energy efficiency projects undertaken by small and medium-sized enterprises, including eligible housing associations (SME Finance Facility Energy Efficiency Window).
Comments
SME Finance Facility Energy Efficiency Window contains three types of grant support: (i) investment incentive paid to eligible projects; (ii) administrative fee to cover costs incurred by the financial intermediary; and (iii) remuneration for the energy efficiency consultant.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Status
Signed - 11/07/2013
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).