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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Germany : € 200,000,000
Composite infrastructure : € 68,000,000
Credit lines : € 132,000,000
Signature date(s)
3/09/2013 : € 68,000,000
3/09/2013 : € 132,000,000
Link to source

Summary sheet

Release date
15 April 2013
Status
Reference
Signed | 03/09/2013
20120437
Project name
Promoter - financial intermediary
WIRTSCHAFTSFOERDERUNG BRANDENBURG II
Investitionsbank des Landes Brandenburg
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 1000 million
Description
Objectives

Framework loan to finance the Land Brandenburg's contribution to EU- and national grant programmes in convergence regions. The EIB loan will target two support schemes in Brandenburg, (i) providing grants to SMEs and mid-caps and (ii) providing grants to public beneficiaries for the improvement of the regional economic infrastructure.

The project will support two investment programmes for small-scale economic development and economic infrastructure projects implemented by SMEs and public entities (mostly municipalities) using the EU and national grants.

Environmental aspects
Procurement

The project comprises a multi-scheme operation classified as a framework loan and some of the schemes may eventually fall under Annex II of the Environmental Impact Assessment (EIA) Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into the national law. It is a requirement that all schemes must be implemented in compliance with the EU environmental legislation.

The promoter, ILB, will be required to follow the EU public procurement rules (2004/18/EC), including the publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - WIRTSCHAFTSFOERDERUNG BRANDENBURG II
Publication Date
2 Jan 2014
Document language
Main Topic
Lending
Document Number
47864784
Document Focus
Environmental Information
Project Number
20120437
Regions
Countries
Publicly available
Download now

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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.
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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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