Release date: 6 November 2020
Promoter – Financial Intermediary
MERIDIAM GP SAS,MERIDIAM SASLocation
Description
Layered fund developing and investing in sustainable and resilient urban infrastructure.
Objectives
Develop and invest in greenfield essential infrastructure that responds to the critical needs of growing cities in non-OECD countries, as part of identified city resilience plans.
Sector(s)
- Solid waste - Water supply; sewerage, waste management and remediation activities
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
- Urban development - Construction
- Industry - Construction
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 350 million
Environmental aspects
The fund's operational guidelines are expected to provide for environmental and social due diligence of all projects, according to guidelines acceptable to the EIB.
Procurement
The Bank will require that the Promoter ensure that implementation of the projects will be done in accordance with the Bank's Guide to Procurement.
Status
Under appraisal - 24/07/2020
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).