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COMMERZBANK RENEWABLE ENERGY FL

Summary sheet

Release date
12 April 2023
Status
Reference
Approved | 05/04/2023
20220570
Project name
Promoter - financial intermediary
COMMERZBANK RENEWABLE ENERGY FL
COMMERZBANK AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million
EUR 500 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project consists in an intermediated Framework Loan (FL) to finance renewable energy projects. End beneficiaries will be based in Germany and in other EU countries.

The loan will support the development of renewable energy projects in Germany and other countries in the European Union.

Environmental aspects
Procurement

The operation intends to generate environmental benefits by supporting sustainable energy infrastructure that help 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.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Milestone
Under appraisal
Approved
5 April 2023
Related documents
05/04/2023 - Environmental and Social Data Sheet (ESDS) - COMMERZBANK RENEWABLE ENERGY FL
Link to source
Summary sheet
COMMERZBANK RENEWABLE ENERGY FL

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).

Documents

Environmental and Social Data Sheet (ESDS) - COMMERZBANK RENEWABLE ENERGY FL
Publication Date
18 Apr 2023
Document language
English
Main Topic
Lending
Document Number
168120055
Document Focus
Environmental Information
Document Type
Environmental and Social Data Sheet (ESDS)
Project Number
20220570
Sector(s)
Energy
Regions
European Union
Countries
Germany
EU Countries
Publicly available
Download now
or Link to source
Link to source
Related public register
05/04/2023 - Environmental and Social Data Sheet (ESDS) - COMMERZBANK RENEWABLE ENERGY FL
Other links
Summary sheet
COMMERZBANK RENEWABLE ENERGY FL

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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