ANNOUNCED AS TEMPORARYNo
The European Investment Bank (EIB) approved financing for the Renewable Energy Risk Sharing France initiative having a total value of EUR 1125 million (approx. USD 1329.8 million). The initiative supports, through acceptable banks, the implementation of renewable energy projects mainly carried out by private final beneficiaries in France.
Under the Renewable Energy Risk Sharing France initiative, the EIB offers local banks co-financing of projects focussed on renewable energy projects in France with a focus on "onshore wind, solar photovoltaics (PV), geothermal, biomass and small hydropower". The co-financing is provided by "combing unfunded, linked, risk-sharing agreements and standard intermediated loan".
On 19 December 2017, the first agreements were signed with such banks. The last agreement under the initiative was signed on 11 December 2018. In November 2018, the first agreements under the Renewable Energy Risk Sharing France II initiative were signed, see related state act.
A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.
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