📋 Tender Overview
Reference: 20240608
Release date: 15 March 2025
Promoter – Financial Intermediary
SOLAS CAPITAL AG
Location
EU Countries
Description
The facility, in partnership with energy service companies, will co-finance a lending platform that supports small-scale energy efficiency and distributed renewable energy generation projects across Europe.
Objectives
The aim is to support energy services companies (ESCOs) to develop energy efficiency and small distributed renewable schemes. Therefore the project supports both national and EU's energy lending priorities as well as climate goals and the security of energy supply objective.
Sector(s)
Industry - Construction
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed
Environmental aspects
Details of the Fund's environmental and social due diligence procedures for ensuring compliance with national legislation, the principles and standards of relevant EU legislation and EIB's Environmental and Social Standards, as well as the capacity of the Promoter to assess and monitor environmental and social risks and impacts, will be reviewed during appraisal.
Procurement
The Bank will require the Promoter to take all the requisite measures to ensure that contracts for the implementation of the projects financed by the sub-fund will be tendered in accordance with the relevant applicable EU procurement legislation.
Status
Under appraisal - 10/10/2024
