Investeu Gupg Romania Tender

Project ID: 56227
Status: Exploratory
Location: Romania
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 22 Oct 2025
Disclosure date: 02 Sep 2025
Project Description
An uncapped unfunded portfolio guarantee in the amount of up to EUR 40 million, to be provided by the EBRD as an InvestEU implementing partner to Libra Internet Bank S.A. ("LIB"), as an eligible partner financial intermediary ("PFI") in Romania under the InvestEU Green Uncapped Portfolio Guarantee Framework (the "Framework"). The guarantee will cover a newly generated portfolio of loans financing eligible green projects related to buildings or sustainable transport. The Project benefits from partial first loss risk cover from the European Union under the InvestEU Fund.

Project Objectives
The Project will bridge the funding gap for sustainable energy investments in the country and support the resilience of a local commercial bank and expand its green lending capacity. It will further support Romania's national green economy objectives and the EBRD's green economy transition priorities in Romania.

Transition Impact
ETI score: 60

The expected transition impact stems from the contribution to the Green and Resilient qualities.

- Green: by addressing the issue of high energy consumption in buildings and the transport sector in Romania through increased sustainable energy investments leading to energy savings and reduction of carbon emissions. Libra Internet Bank will allocate at least 125% of the EBRD guarantee amount to eligible green projects, thus enhancing the Project's contribution to green economy transition.

- Resilient: by supporting LIB in building resilience in the challenging macroeconomic environment and evolving regulatory requirements by optimizing its capital base, thus freeing up lending capacity to scale up sustainable financing.