EIFFEL ENERGY TRANSITION FUND (EIB-20160371)

Regions
  • Europe and Central Asia
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
Approved
Bank Risk Rating
U
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.
Voting Date
Mar 8, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
EIFFEL INVESTMENT GROUP S.A.S
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 42.18 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 40.00 million
Converted using 2017-03-08 exchange rate.
Loan Amount (USD)
$ 42.18 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 40 million
Converted using 2017-03-08 exchange rate.
Project Cost (USD)
$ 158.17 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 150.00 million
Converted using 2017-03-08 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Feb 16, 2018

Disclosed by Bank Jul 12, 2016


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Project Description

According to EIB website, this project will finance small renewables (mostly solar photovoltaic (PV)) and energy efficiency projects mainly in France. It aims to finance small solar PV, onshore wind and energy efficiency projects/development companies.

This project is deemed satisfactory from an environmental and social compliance perspective.

 

Investment Description
  • European Investment Bank (EIB)

Sectors:

  • Industry: EUR 8,000,000
  • Energy: EUR 32,000,000
Contact Information

No contact information provided at the time of disclosure. 

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