Original disclosure @ EIB website
Updated in EWS Jan 30, 2021
Disclosed by Bank Apr 20, 2020
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The project consists of a Framework Loan intermediated through Bank Gospodarstwa Krajowego, Poland's national development bank, financing eligible schemes implemented under the long-term capital investment programme of the City of Ostrów Wielkopolski, improving sustainable urban development and supporting climate mitigation measures.
This operation is structured as a framework loan; the EIB will finance eligible schemes from the City's investment plan 2020-2023. Some schemes already identified include: (i) the development of a clean urban energy market (a pilot project aimed at distributing energy from renewable sources to the inhabitants of the municipality); (ii) construction of social housing; and (iii) construction of the new schools. The loan will be either a direct loan to the Promoter, or an intermediated loan through a local bank, including, but not limited to, BGK, the national promotional bank (to be confirmed during appraisal).
Project contacts not available at the time of disclosure.
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