FINDOMESTIC ENHANCED GREEN ENERGY LOANS

Promoteur – Intermédiaire Financier

FINDOMESTIC BANCA SPA

Lieu

• Italie

Description

Operation dedicated to finance energy efficiency and renewable energy projects carried out in Italy by private individuals.

Objectifs

The operation consists of a EIB guarantee on a mezzanine tranche of a synthetic securitisation promoted by Findomestic SpA, the Italian subsidiary of BNP Personal Finaance, part of BNP Paribas Group. The EIB guarantee will free up capital of the financial intermediary which will be able to generate a new portfolio of green retail consumer finance loans in the amount equal to 2.6x the guarantee amount. The new loans will target energy efficiency and alternative energy production equipment purchased and installed by Italian individuals and households. This is a first operation ever for EIB in Italy targeting retail segment as final beneficiary of EIB resources and bearing a full climate action purpose.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné
• Industrie - Construction

Montant BEI envisagé (montant approximatif)

EUR 94 million

Coût total (montant approximatif)

EUR 399 million

Aspects environnementaux

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

Passation des marchés

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

Statut

Signé - 28/11/2024