📋 Tender Overview
Project ID: 56153
Status: Disbursing
Location: Uzbekistan
Business Sector: Natural Resources
Notice Type: Private
Environmental Category: B
Approval Date: 20 May 2025
Disclosure date: 18 Jun 2025
Project Description
The participation of €25 million in the Schuldschein, a German law senior unsecured loan notes, issued by Zeppelin GmbH (Zeppelin).
Project Objectives
The Bank's financing will support Zeppelin's operations in Uzbekistan, Armenia, Ukraine and other EBRD countries of operation.
Transition Impact
ETI score:62
sition impact will stem from the following qualities:
Green: The Bank will invest in Schuldschein which includes KPIs/targets to reduce the fresh water and energy consumption for operations in Uzbekistan and Armenia. The project is 50 per cent GET.
Well-governed: The Bank has been supporting Ministry for Mining Industry and Geology of Uzbekistan in the implementation of the new subsoil law prepared in cooperation with the EBRD: by developing regulations, updating the permitting framework, promoting the law and investment opportunities, administering a pilot permit award process, and conducting capacity building and training activities, ensuring consistency with the EU and international best practices.
