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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Greece : € 100,000,000
Energy : € 20,000,000
Industry : € 77,000,000
Signature date(s)
22/12/2017 : € 3,000,000
22/12/2017 : € 20,000,000
22/12/2017 : € 77,000,000

Summary sheet

Release date
25 August 2017
Status
Reference
Signed | 22/12/2017
20170346
Project name
Promoter - financial intermediary
PIRAEUS BANK ENERGY EFFICIENCY FL - PF4EE
PIRAEUS BANK SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 133 million
Location
Sector(s)
Description
Objectives

Framework loan that falls under the "Private Finance for Energy Efficiency (PF4EE)" programme. The loan will aim at financing small-scale energy efficiency projects in the areas of building renovations, outdoor lighting and water pumping stations undertaken by individuals, small and medium-sized enterprises (SMEs) and small municipalities.

PF4EE was established under the umbrella of the EIB's DEEP Green initiative, which aims at scaling up financing for energy efficiency across a range of channels, including through stimulating financial intermediaries into focusing more of their lending on energy efficiency projects. The proposed loan will support the financing of building renovation projects achieving improvement in the buildings' energy performance, replacements of outdoor lighting systems and renovations of water pumping stations for agricultural use, under the umbrella of Piraeus Bank's Green Banking initiative.

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.

Comments

This operation is subject to approvals by the EIB's Governing Bodies.

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) - PIRAEUS BANK ENERGY EFFICIENCY FL - PF4EE
Publication Date
25 Jan 2018
Document language
Main Topic
Lending
Document Number
76496792
Document Focus
Environmental Information
Project Number
20170346
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - PIRAEUS BANK ENERGY EFFICIENCY FL - PF4EE
Publication Date
31 Dec 2023
Document language
Main Topic
Lending
Document Number
184802675
Document Focus
Environmental Information
Project Number
20170346
Regions
Countries
Publicly available
Download now

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