• Italy
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
The holder of the loan, grant, or other investment.
  • Climate and Environment
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 425.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 400 million
Converted using 2016-12-05 exchange rate.
Project Cost (USD)
$ 1,065.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 1000 million
Converted using 2016-12-05 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Apr 3, 2017

Disclosed by Bank Dec 5, 2016

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Project Description
This project involves an investment platform, developed jointly with Cassa Depositi e Prestiti S.p.A. (CDP), the Italian National Promotional Bank (NPB), based on a linked funded and/or unfunded risk-sharing instrument, to cover, together with CDP on a pari-passu/pro rata basis, up to 50% of the credit risk associated with a new portfolio of energy efficiency (EE), renewable energy (RE), circular economy (CE) and biomethane medium-sized projects originated by Italian financial intermediaries
Investment Description
Under the proposed operation, the EIB would provide, together with CDP, an up to EUR 400m guarantee and/or risk-sharing financing to a group of intermediary banks (the partner banks to be determined) that would commit to producing a new loan portfolio for a total eligible investment of EUR 800m in the EE, RE, CE and biomethane sectors. This investment platform would represent one of the first co-risk-sharing platforms being offered by the Bank jointly with the Italian NPB.

Contact Information
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