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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Italy : € 50,000,000
Energy : € 10,000,000
Industry : € 40,000,000
Signature date(s)
22/12/2016 : € 10,000,000
22/12/2016 : € 40,000,000
Link to source

Summary sheet

Release date
15 November 2016
Status
Reference
Signed | 22/12/2016
20160606
Project name
Promoter - financial intermediary
BPER ENERGY EFFICIENCY FL PF4EE
BANCA POPOLARE DELL'EMILIA ROMAGNA SC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 67 million
Location
Sector(s)
Description
Objectives

The framework loan will finance small-scale investments targeting energy efficiency measures mainly in the private sector and in particular for small and medium-sized enterprises (SMEs) in Italy. The proposed operation relates to the Private Finance for Energy Efficiency (PF4EE) financial instrument.

PF4EE was established under the umbrella of the Bank's DEEP Green initiative, which aims to scale up financing for energy efficiency across a range of channels, including stimulating financial intermediaries into focusing more of their lending on energy efficiency projects. The PF4EE loan targets the financing of energy efficiency and small renewable energy investments mainly in the private sector. More specifically, projects targeted will generate energy savings and enhance energy efficiency in buildings or production facilities mainly in Italy. It will thus support national and European targets in these two areas and, as a result, supports the EU's climate change mitigation and security of energy supply objectives.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Related projects
Parent project
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) - BPER ENERGY EFFICIENCY FL PF4EE
Publication Date
13 Jun 2017
Document language
Main Topic
Lending
Document Number
70682230
Document Focus
Environmental Information
Project Number
20160606
Sector(s)
Regions
Countries
Publicly available
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