Release date: 10 July 2024
Promoter – Financial Intermediary
IKB DEUTSCHE INDUSTRIEBANK AGLocation
Description
Operation, with a 30% Climate Action and Environmental Sustainability (CAES) window, to support midcaps in Germany and potentially other EU Member States in sectors that are in line with the EIB's long-term mission.
Objectives
By freeing up capital and decreasing the credit risk, the operation aims to enable additional lending by the Intermediary and trigger growth and employment. 30% of the lending will be dedicated to financing green projects.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed
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
Approved - 26/07/2024
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).