Release date: 7 February 2025
Promoter – Financial Intermediary
SPECIAL PURPOSE ENTITY(IES)/FUNDLocation
Description
The co-investment programme will finance energy efficiency and decarbonisation projects carried out by small and medium-sized enterprises (SMEs) and mid-caps across the EU.
Objectives
The main purpose of the EIB co-investment contribution is to address any funding gap arising when the financing needs of EU-based projects, identified by a fund manager, exceed the maximum investment amount a fund can allocate to a single project, particularly in the case of larger projects targeted by investment funds.
Sector(s)
- Industry - Manufacturing
- Energy - Electricity, gas, steam and air conditioning supply
- Industry - Construction
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 1875 million
Environmental aspects
The co-investment programme will finance sub-projects of funds in which the EIB is an investor or with whom EIB Group has an established track record and which comply with EIB's eligibility criteria, including EIB's environmental and social standards as well as applicable EU environmental directives.
Procurement
The sub-projects may be public or private sector projects which are compliant with EIB's eligibility criteria, including procurement standards and applicable EU directives. The funds investment guidelines require the fund managers to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant EU Directives.
Status
Under appraisal - 10/10/2024
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).