Release date: 19 November 2003
Promoter – Financial Intermediary
- Bremer Landesbank, Kreditanstalt Oldenburg Girozentrale Bremen
- HSH Nordbank AG
- Norddeutsche Landesbank Girozentrale, Hannover
Location
Description
Projects of limited scale in infrastructure, environmental protection and improvement, energy, health, education and housing. A particular importance will be given to projects located in eastern Germany, which is an objective 1 area, as well as objective 2 areas. Ventures will be located mainly in Northern Germany. Other areas in Germany and other EU member countries are not targeted, but should, however, not be excluded in this operation.
Objectives
Global loan for the financing of small and medium sized projects in the fields of health, education, environmental protection, rational use of energy and improvements of infrastructure and housing.
Comments
Objective 1, Environmental Protection, Infrastructure of common interest, health, education.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of project costs, EUR 250 million
Total cost (Approximate amount)
Up to EUR 500 million
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
For the award of public contracts the EU tender directives are to be followed.
Status
Signed - 13/02/2004