📋 Tender Overview
Reference: 20240595
Release date: 7 February 2025
Promoter – Financial Intermediary
SPECIAL PURPOSE ENTITY(IES)/FUND
Location
EU Countries
Description
The project consists of an EIB co-investment programme to finance energy efficiency projects carried out by small and medium-sized enterprises (SMEs) across the EU. More specifically, the EIB will co-invest into individual projects alongside funds in which the EIB Group is already an investor or has an established track record.
Objectives
The main purpose of the EIB co-investment contribution is to address any funding gap arising when the financing needs of EU-based projects, identified by a fund manager, exceed the maximum investment amount a fund can allocate to a single project—especially in the case of larger projects targeted by investment funds.
Sector(s)
Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 400 million
Environmental aspects
The co-investment programme will finance sub-projects of funds in which the EIB is an investor or with whom EIB Group has an established track record and which comply with EIB's eligibility criteria, including EIB's environmental and social standards as well as applicable EU environmental directives.
Procurement
The sub-projects may be public or private sector projects which are compliant with EIB's eligibility criteria, including procurement standards and applicable EU directives. The funds investment guidelines require the fund managers to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant EU Directives.
Status
Under appraisal - 10/10/2024
