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    Reference: 20190088
    Release date: 22 July 2019

    Promoter – Financial Intermediary

    INVESTITIONS- UND FOERDERBANK NIEDERSACHSEN (NBANK)

    Location

    Description

    The project consists of a multi-objective Multiple Beneficiary Intermediated Loan (MBIL) for the public promotional bank of the German federal state of Lower Saxony, NBank, to finance eligible smaller-scale infrastructure projects carried out by municipalities and public entities.

    Objectives

    The MBIL should help to finance smaller projects carried out by municipalities and other public sector entities in the areas of integrated territorial development, innovation and skills, and environmental protection and resource efficiency. The MBIL thus aims to support sustainable regional growth in Lower Saxony, part of which is an EU transition region.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 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 - 4/03/2020

    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).

    Related tags

    Germany Credit lines