Release date: 25 February 2025
Promoter – Financial Intermediary
IKB DEUTSCHE INDUSTRIEBANK AGLocation
Description
The operation is structured as multiple beneficiary intermediated loan (MBIL) with IKB to support mid-caps and, to a lesser extent, large corporates in Germany. The MBIL will have a 30% Climate Action and Environment Sustainability window to support renewable energy and energy efficiency projects.
Objectives
The aim is to facilitate investments that support national and European targets related to renewable energy generation and energy efficiency. As such, the project contributes to EU energy objectives, notably to make energy sustainable, secure and affordable.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
- Industry - Construction
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
not applicable
Environmental aspects
This operation will generate environmental benefits by supporting projects that help to mitigate climate change. IKB will ensure the projects' compliance with national and European environmental and biodiversity regulations as well as support the EIB's Public Disclosure Policy, which aims at facilitating access by the public to environmentally relevant information.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU Procurement Directives, as appropriate.
Status
Under appraisal - 7/02/2025
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).