Reference: 20180458
Release date: 1 July 2019

Promoter – Financial Intermediary

RESALTA DRUZBA ZA UPRAVLJANJE ENERGETSKIH STORITEV DOO

Location

Description

Resalta is a Slovenian energy services company ("ESCO") offering energy efficiency solutions in South Eastern Europe.

Objectives

The proposed venture debt loan will help Resalta accelerate the commercialization of its services and enhance its positive environmental impact in Southeastern Europe. The EIB financing will be complementary to the existing financing and allow the company to keep its primary base in Europe.

Sector(s)

  • Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 12 million

Total cost (Approximate amount)

EUR 32 million

Environmental aspects

Resalta will have to operate in line with the EIB's environmental and social standards.

Procurement

The project promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal the EIB were to conclude that Resalta should be subject to EU public procurement legislation, then all contracts for the implementation of the project will need be tendered accordingly.

Status

Signed - 19/12/2019

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Slovenia Energy