📋 Tender Overview
Location: Regional
Project number: 55606
Business sector: Manufacturing and Services
Notice type: Private
EBRD Finance Summary: EUR 70,000,000.00
Total Project Cost: EUR 70,000,000.00
Project Description
Participation of up to EUR 70 million in the ESG-linked Schuldschein issuance of Forvia S.E.
Project Objectives
EBRD will support Forvia's 2025-2027 investment programme in Morocco, Czechia, Poland and Tunisia, contributing to Forvia's ambitious 2030 climate targets formulated in line with the Science-Based Targets Initiative ("SBTi").
Transition Impact
ETI score: 63
The expected transition impact of the Project stems from the Green and Inclusive qualities. Under the Green quality, 62% of the EBRD funds will be used for green investments to support decarbonisation and e-mobility targets of the Company in Czechia and Poland. Under the Inclusive quality, the Borrower will invest in human capital development in Morocco, contributing to the transfer and dispersion of market-relevant skills in line with best industry practices.
