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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Germany : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
24/09/2007 : € 50,000,000
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Summary sheet

Release date
9 July 2007
Status
Reference
Signed | 24/09/2007
20070267
Project name
Promoter - financial intermediary
HypoVereinsbank Kreditlinie – Umwelt
Bayerische Hypo- und Vereinsbank AG, München
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
EUR 200 million.
Location
Sector(s)
Description
Objectives

Credit line for the financing of small-sized projects in the environmental sector. Projects targeting the i2i, human capital/health and energy segments will also be eligible.

The proposed credit line intends to lower the funding cost for small-scale investment projects through the co-operation with HypoVereinsbank AG (HVB). HVB has identified a multitude of eligible investment projects of common interest, supporting the final beneficiaries in the field of environment, i2i, human capital, health and energy. The operation would therefore promote EU objectives for such projects, which cannot be reached by EIB otherwise.

Environmental aspects
Procurement

Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the credit line.

Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the credit line.

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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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