Release date: 15 February 2017
Promoter – Financial Intermediary
BANQUE CALEDONIENNE D'INVESTISSEMENTLocation
Description
A line of credit to part-finance small-scale projects undertaken by private enterprises and commercially operated public sector entities in New Caledonia
Objectives
A range of financially, economically and environmentally sound projects being implemented throughout New Caledonia, by private sector enterprises (including small and medium-sized enterprises (SMEs) and mid-cap organisations) and commercially operated public sector enterprises in eligible sectors, including manufacturing, (renewable) energy, wholesale and retail commerce for the sustainable development of the territory.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The final beneficiaries will be required to comply with national social and environmental legislation and relevant EIB guidelines.
Procurement
The final beneficiaries will be required to comply with national procurement legislation and relevant EIB guidelines.
Status
Signed - 10/11/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).