Release date: 15 May 2007
Promoter – Financial Intermediary
Enercap Capital Partners LimitedLocation
Description
An equity fund investing in renewable energy infrastructure projects in the Central Europe and South East Europe regions.
Objectives
The objective of the fund is to make investments that reduce the impact of energy production on the environment, and in particular to contribute to mitigation of climate change, whilst at the same time producing an attractive return for investors.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 25 million.
Total cost (Approximate amount)
EUR 100 million.
Environmental aspects
Owing to their technical characteristics, some of the investments targeted by the Fund may fall under Directive 85/337/EEC, amended by 97/11/EC and 2003/35/EC., thus Environmental Impact Assessments (EIA) may be required.
Procurement
To be in accordance with the relevant EU legislation, including publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 28/09/2007