According to the Bank’s website, the project consists of an investment platform supporting energy efficiency investments in privately owned housing (homeowners and non-commercial private landlords). The scheme will be supported by a guarantee structure benefiting from Irish budget funds as a first loss piece, a mezzanine tranche and a senior tranche provided by EIB, with the Irish NPB SBCI acting as implementing partner. The operation will be part of the Irish Climate Action Plan and as such will significantly contribute to EIB's Climate Action targets.
This project is a guarantee scheme for low-cost residential retrofit loans. It forms part of Ireland's Climate Action Plan and National Recovery and Resilience Plan. The Irish budget supported loan guarantee scheme will provide risk protection to credit institutions participating in the scheme. This will enable them to offer loans with reduced interest rates and longer tenors to make comprehensive home energy efficiency upgrades more affordable to households and non-corporate landlords.
The EIB will require the intermediary bank (SBCI) to make sure that the final recipients comply with the relevant EU procurement legislation.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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No contact information provided at the time of disclosure.
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
ACCOUNTABILITY MECHANISM OF EIB
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