Release date: 22 July 2019
Promoter – Financial Intermediary
INVESTITIONS- UND FOERDERBANK NIEDERSACHSEN (NBANK)Location
Description
The project consists of a multi-objective Multiple Beneficiary Intermediated Loan (MBIL) for the public promotional bank of the German federal state of Lower Saxony, NBank, to finance eligible smaller-scale infrastructure projects carried out by municipalities and public entities.
Objectives
The MBIL should help to finance smaller projects carried out by municipalities and other public sector entities in the areas of integrated territorial development, innovation and skills, and environmental protection and resource efficiency. The MBIL thus aims to support sustainable regional growth in Lower Saxony, part of which is an EU transition region.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 4/03/2020
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).