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Signature(s)

Amount
€ 60,000,000
Sector(s)
Health : € 15,000,000
Services : € 45,000,000
Signature date(s)
27/12/2016 : € 7,500,000
27/12/2016 : € 7,500,000
27/12/2016 : € 22,500,000
27/12/2016 : € 22,500,000

Summary sheet

Release date
27 May 2016
Status
Reference
Signed | 27/12/2016
20150910
Project name
Promoter - financial intermediary
TIIC TRANSPORT AND SOCIAL INFRASTRUCTURE FUND
TIIC ADVISOR S.A.S.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Not disclosed.
EUR 300 million
Description
Objectives

Pan-European transport and social infrastructure fund

The fund plans to invest equity in small and medium-sized transport and social infrastructure projects, predominantly in the European Union.

Environmental aspects
Procurement

Most of the fund's underlying infrastructure investments will require a full environmental impact assessment or screening by the national competent authority to determine whether an environmental impact assessment (EIA) is required or not. The legal documentation to be entered into by the Bank will require the fund to ensure that its underlying investments respect the environmental and social standards of the Bank.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

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) - TIIC TRANSPORT AND SOCIAL INFRASTRUCTURE FUND
Publication Date
15 Dec 2016
Document language
Main Topic
Lending
Document Number
67715316
Document Focus
Environmental Information
Project Number
20150910
Sector(s)
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.
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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Complaints mechanism

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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