Release date: 6 July 2020
Promoter – Financial Intermediary
AMUNDI ASSET MANAGEMENT,AMUNDI LUXEMBOURG SALocation
Description
The project consists of an equity investment in a fund targeting fixed-income instruments (i.e. listed corporate bonds, private debt and asset-backed securities) used to finance green projects in the European Union and European Economic Area.
Objectives
The fund's investment strategy targets investments in a range of green credit formats in Europe, with proceeds used by the issuing corporate entities to finance climate and environment-oriented investments.
Sector(s)
- Services - Financial and insurance activities
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 300 million
Environmental aspects
The fund's operational guidelines will provide for due diligence of environmental and social aspects for all projects, according to guidelines acceptable to the EIB.
Procurement
The fund will be required to ensure that implementation of the underlying projects is done in accordance with the EIB Guide to Procurement.
Status
Signed - 16/12/2020
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).