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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Greece : € 100,000,000
    Energy : € 20,000,000
    Industry : € 77,000,000
    Signature date(s)
    22/12/2017 : € 3,000,000
    22/12/2017 : € 20,000,000
    22/12/2017 : € 77,000,000

    Summary sheet

    Release date
    25 August 2017
    Status
    Reference
    Signed | 22/12/2017
    20170346
    Project name
    Promoter - financial intermediary
    PIRAEUS BANK ENERGY EFFICIENCY FL - PF4EE
    PIRAEUS BANK SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 133 million
    Location
    Sector(s)
    Description
    Objectives

    Framework loan that falls under the "Private Finance for Energy Efficiency (PF4EE)" programme. The loan will aim at financing small-scale energy efficiency projects in the areas of building renovations, outdoor lighting and water pumping stations undertaken by individuals, small and medium-sized enterprises (SMEs) and small municipalities.

    PF4EE was established under the umbrella of the EIB's DEEP Green initiative, which aims at scaling up financing for energy efficiency across a range of channels, including through stimulating financial intermediaries into focusing more of their lending on energy efficiency projects. The proposed loan will support the financing of building renovation projects achieving improvement in the buildings' energy performance, replacements of outdoor lighting systems and renovations of water pumping stations for agricultural use, under the umbrella of Piraeus Bank's Green Banking initiative.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Comments

    This operation is subject to approvals by the EIB's Governing Bodies.

    Related projects
    Parent project
    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - PIRAEUS BANK ENERGY EFFICIENCY FL - PF4EE
    Publication Date
    25 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    76496792
    Document Focus
    Environmental Information
    Project Number
    20170346
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PIRAEUS BANK ENERGY EFFICIENCY FL - PF4EE
    Publication Date
    31 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    184802675
    Document Focus
    Environmental Information
    Project Number
    20170346
    Regions
    Countries
    Publicly available
    Download now

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