Release date: 31 May 2022
Promoter – Financial Intermediary
UNICREDIT BANK AUSTRIA AGLocation
Description
Framework loan with Unicredit Bank Austria for the intermediated financing of small and medium-sized renewable energy and energy efficiency projects in Austria.
Objectives
The loan will support the development of renewable energy projects in Austria, contributing to renewable energy targets in the country and consequently in the European Union.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 92 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
This operation aims at generating environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the financial intermediary to ensure compliance with the national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 27/06/2022
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).