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    Reference: 20180469
    Release date: 17 December 2020

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S),RAIFFEISENLANDESBANK NIEDEROESTERREICH-WIEN AG

    Location

    Description

    Multiple Beneficiary Intermediated Loan to RLB NW primarily dedicated to the financing Renewable Energy and Energy Efficiency projects in Austria.

    Objectives

    Financing of small and medium-sized Climate Action projects carried out by SMEs and Mid-Caps, Public Sector Entities and Sub-Sovereign Public Authorities, mainly in the field of Renewable energy.

    Comments

    The project will be promoted by RLBNW and may also be channelled by the local Raiffeisen banks active in Lower Austria, where they may act as financial intermediaries.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 150 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 - 17/11/2020

    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

    Austria Credit lines