Release date: 28 January 2021
Promoter – Financial Intermediary
HYPO VORARLBERG BANK AGLocation
Description
A joint EIB / EIF operation, in the form of a guarantee to a mezzanine tranche on a Hypo Vorarlberg granular small and medium-sized enterprise (SME) portfolio, aimed at supporting the financing of loans targeting energy efficiency investments of buildings and the development of nearly zero-energy buildings.
Objectives
The proposed guarantee instrument is designed to facilitate the financial intermediary to finance new loans dedicated to energy efficiency investments and development of nearly zero-energy buildings across Austria.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 68 million
Total cost (Approximate amount)
EUR 200 million
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 - 15/12/2017
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).