Release date: 15 June 2023
Promoter – Financial Intermediary
RAIFFEISEN BANK INTERNATIONAL AGLocation
Description
The project consists in an intermediated Framework Loan (FL) with RAIFFEISEN BANK INTERNATIONAL (RBI) to finance renewable energy projects in Austria and other EU member states.
Objectives
The aim is to support the development of renewable energy projects in the European Union, in line with the EU's objectives on climate change and security of energy supply.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 400 million
Environmental aspects
The operation intends to generate environmental benefits by supporting sustainable energy infrastructure that helps to mitigate climate change. The EIB will assess the capacity and procedures of the financial intermediary to ensure compliance with national and EU environmental and biodiversity regulations.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal - 17/05/2023
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).