📋 Tender Overview
Project ID: 56316
Status: Signed
Location: Regional
Business Sector: Real Estate
Notice Type: Private
Approval Date: 30 Apr 2025
Disclosure date: 21 May 2025
Project Description
Participation of EUR 76 million in a corporate green bond issued by VGP N.V ("VGP", the "Company"), a Belgian public limited company (the "Project"). The Bank invested EUR 76 million into EUR 500 million c. six-year green bonds issued in March 2025, increasing the amount outstanding from EUR 500 million to EUR 576 million.
Project Objectives
The proceeds from the Bank's investment will be used by the Company to fund the development or acquisition of sustainable industrial parks in Serbia, Hungary, Slovakia, Romania, Czech Republic and Croatia.
Transition Impact
ETI score:60
nsition impact is realised through the Green Economy Transition (GET) Direct track under the "Green" quality, with EBRD proceeds financing EU Taxonomy-compliant assets that perform 10% better than 'nearly-zero energy buildings' (nZEB).
