Release date: 18 December 2025
Promoter – Financial Intermediary
LANDESBANK BADEN-WUERTTEMBERGLocation
Description
Financing of medium-sized renewable energy (RE), solar photovoltaics (PV) and onshore wind, small and medium-sized energy efficiency (EE) projects and small-sized innovation projects in Germany and other EU countries.
Additionality and Impact
The financing of this project contributes to the Bank's lending priority objectives in Energy, specifically Renewable Energy and Energy Efficiency, Mobility (electric vehicle charging infrastructure), and to the support of innovative SMEs and MidCap companies. The operation primarily encompasses a portfolio of renewable energy initiatives (in particular solar PV and onshore wind) and energy efficiency upgrades in industrial processes, across Germany, Austria, and other EU Member States. Additionally, the operation achieves an estimated 90% share of Climate Action and Environmental Sustainability (CA&ES) and partially contributes towards Social and Economic Cohesion.
These investments support the EU strategic goal of accelerating the transition to a low-carbon, climate-resilient, and environmentally sustainable economy. By adopting an intermediated financing model, the Bank enables access to capital for smaller projects that would otherwise be out of reach through direct lending. The operation also addresses several market failures: it contributes to the reduction of carbon emissions and air pollution, enhances the efficiency and integration of energy markets via participation in wholesale trading, and fosters broader market development.
The EIB is offering financing on favourable terms, with competitive pricing and extended maturities, while supporting the diversification of the borrower's funding sources. The operation is also supported by a good governance system and strong project management capabilities.
Objectives
The loan will support the development of renewable energy, energy efficiency projects and smaller innovation and digitalisation projects in Germany.
Sector(s)
- Industry - Manufacturing
- Energy - Electricity, gas, steam and air conditioning supply
- Transport - Transportation and storage
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
EUR 700 million
Environmental aspects
The operation intends to generate environmental benefits by supporting sustainable energy infrastructure that helps to mitigate climate change. The Bank will assess the capacity and procedures of the financial intermediary to ensure compliance with national and European environmental and biodiversity regulations.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 8/12/2025