Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20190659
    Release date: 3 March 2020

    Promoter – Financial Intermediary

    ASPER INVESTMENT MANAGEMENT LTD

    Location

    Description

    The project concerns an investment vehicle targeting equity investments in district heating projects. Structured as a fund it will invest in a non-blindpool of exclusive projects focused on Dutch heat networks.

    Objectives

    The operation will contribute to the reduction of air pollution levels and the improvement of public health. The investment will improve living conditions and will ensure alignment with the EU standards, as well as help to build up economic and social resilience, with a priority on efficiency improvements.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 70 million

    Total cost (Approximate amount)

    EUR 350 million

    Environmental aspects

    The Fund's environmental and social aspects will be assessed during appraisal to ensure compliance with EIB's Environmental and Social Standards, EU's and national legislation. Additionally, the review will also concern the capacity of the Fund Manager to assess and monitor environmental and social risks and impacts.

    Procurement

    The Fund Manager will have to take all measures to ensure that contracts for the implementation of the projects financed by the Fund will be tendered in line with the relevant applicable EU procurement legislation.

    Status

    Signed - 5/08/2020

    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

    The Netherlands Energy