Release date: 22 July 2005
Promoter – Financial Intermediary
Bank Austria Creditanstalt AGLocation
Description
The proposed global loan is dedicated to the financing of projects of limited size situated in, carried out by SMEs and in the fields of environment, energy, infrastructure, helath and education.
Objectives
Through the financial intermediary, this Global Loan aims at financing of investments of small/medium scale implemented predominantly by SMEs, to a lesser extent other public and private entities.
Comments
Projects will comply with EU-Treaty Art. 267 (a) regional development in assisted areas, for infrastructure and/or for (c) environmental policies, energy, urban renewal, health and education.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million.
Total cost (Approximate amount)
In excess of EUR 80 million.
Environmental aspects
All eligible projects will have to comply with environmental conditions in line with European and national legislation.
Procurement
All eligible projects will have to comply with European and national legislation on public procurement.
Status
Signed - 24/11/2005
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).