Release date: 27 January 2021
Promoter – Financial Intermediary
SIAULIU BANKAS AB
Location
Description
Provision of debt financing in a layered structure, benefiting from an European Structural and Investment Funds (ESIF) contribution in the equity tranche, and aiming at stimulating energy efficiency renovation in the Lithuanian residential building stock.
Objectives
Financing of small/medium projects carried out by homeowner associations in Lithuania.
Sector(s)
- Industry - Construction
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
Under appraisal - 13/11/2020
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).