ITALIAN GREEN BOND FUND

Promoteur – Intermédiaire Financier

FORESIGHT GROUP LLP

Lieu

• Italie

Description

Investment fund targeting debt securities related to renewable energy and energy efficiency projects in Italy

Objectifs

The fund seeks to provide innovative debt financing in the form of mini bonds to smaller renewable energy projects in Italy.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné
• Services - Administration publique

Montant BEI envisagé (montant approximatif)

EUR 40 million

Coût total (montant approximatif)

EUR 200 million

Aspects environnementaux

Most of the projects to be financed by the fund are expected to fall under Annex II of Environmental Impact Assessment (EIA) Directive 2011/92/EU, leaving it to the national competent authority to determine on the basis of Annex III of that directive whether an environmental impact assessment is required. During appraisal, the fund manager's environmental and social management capacity and due diligence procedures will be reviewed to ensure compliance with the Bank's standards and the principles of EU environmental directives (including the EIA Directive, Habitats Directive and Birds Directive, Water Framework Directive and Industrial Emissions Directive), as applicable.

Passation des marchés

The fund's investment guidelines will be required to ensure that procurement procedures applied by the promoters of the underlying investments financed by the fund are in line with the provisions of the relevant directives and the Bank's Guide to Procurement.

Statut

Signé - 1/01/2018