Release date: 21 October 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
EIB programme loan to finance investments of eligible mid-caps (with fewer than 3000 employees) from different sectors, with a focus on domestic companies in Poland and in Baltic states
Objectives
It is expected that this programme loan will help to accelerate and further mobilise private sector investments, thus furthering the sustainability of mid-caps' competitive advantage over time and creating growth and employment opportunities in Poland, Estonia, Latvia and Lithuania.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 534 million
Environmental aspects
The projects to be financed under this programme loan will most likely concern investments that are expected to be carried out in existing facilities without changing their already authorised scope and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. However, for each sub-operation the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental legislation and will ensure that those investments are implemented in compliance with EU legislation.
Procurement
The promoters of the projects to be financed under this programme loan have been assessed by the EIB as being private companies not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.
Status
Approved - 13/12/2016
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).