Release date: 16 April 2025
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
The Lending Envelope (LE) will enable new investments in the European power grid through counter-guarantees on advance payment and performance bonds associated with supply contracts of manufacturers of power grid equipment in the InvestEU countries. The LE consists of sub-operations in the form of Partial Delegation Linked Risk Sharing with acceptable financial intermediaries.
Objectives
The objective is to support the expansion and enhancement of the EU power grid by increasing the capacity of the financial intermediaries to provide advance payment and performance bonds in relation to the supply of power-grid components.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 1500 million
Total cost (Approximate amount)
EUR 12000 million
Environmental aspects
The final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal - 2/04/2025
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).