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Reference: 20240421
Release date: 6 November 2024

Promoter – Financial Intermediary

ACCEPTABLE BANK(S),MAGYAR EXPORT-IMPORT BANK ZRT

Location

Description

The project will provide financing for energy efficiency, renewable energy and other eligible green investments through the loan programmes of Magyar Export-Import Bank Zrt. (HU Eximbank). The operation is 100% CA&ES.

Objectives

The EIB's funding will be used to finance eligible green investments mainly of SMEs but potentially also of mid-caps and other corporates or public sector entities.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 200 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 - 10/07/2024

Milestone
Under appraisal

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).

Related tags

Hungary Industry Energy