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    Signature(s)

    Amount
    € 72,000,000
    Countries
    Sector(s)
    Austria : € 72,000,000
    Energy : € 72,000,000
    Signature date(s)
    27/06/2022 : € 72,000,000
    Link to source

    Summary sheet

    Release date
    31 May 2022
    Status
    Reference
    Signed | 27/06/2022
    20210203
    Project name
    Promoter - financial intermediary
    CLIMATE ACTION AUSTRIA UNICREDIT (FL)
    UNICREDIT BANK AUSTRIA AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 92 million
    EUR 200 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Framework loan with Unicredit Bank Austria for the intermediated financing of small and medium-sized renewable energy and energy efficiency projects in Austria.

    The loan will support the development of renewable energy projects in Austria, contributing to renewable energy targets in the country and consequently in the European Union.

    Environmental aspects
    Procurement

    This operation aims at generating environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the financial intermediary to ensure compliance with the national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.

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

    Related projects
    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) - CLIMATE ACTION AUSTRIA UNICREDIT (FL)
    Publication Date
    21 Jul 2022
    Document language
    Main Topic
    Lending
    Document Number
    141681581
    Document Focus
    Environmental Information
    Project Number
    20210203
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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