Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Hungary
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
13/09/2011 : € 50,000,000
16/07/2012 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
24 May 2011
Status
Reference
Signed | 13/09/2011
20110256
Project name
Promoter - financial intermediary
RBHU Green Energy Loan for SMEs
RAIFFEISEN BANK Zrt. (“RBHU”)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million
Not applicable
Location
Sector(s)
Description
Objectives
A loan to finance projects of up to EUR 25 million not falling within excluded sectors, carried out by SMEs (at least 70% of the loan) as well as other eligible projects undertaken by Mid-Cap companies and public or private promoters. At least 70% of the loan is expected to be allocated to energy efficiency and renewable power generation projects mainly in Hungary.
Improving access to term finance at favorable conditions.
Environmental aspects
Procurement
The intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
The intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Link to source
Summary sheet
Other links
Data sheet