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    Reference: 20200349
    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)

    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).

    Related tags

    Lithuania Industry