ANNOUNCEMENT 26 Apr 2010

On 26 April 2010, the EIB provided financing worth EUR 150 million (USD 201 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 26 Apr 2010 | Removal date: open ended

State loan

On 26 April 2010, the European Investment Bank (EIB) and Deutsche Kreditbank AG signed an agreement worth EUR 150 million (approx. USD 201 million) for the project Deutsche Kreditbank Energie Gd i from Germany.

According to the project description issued by the EIB, Global loan dedicated to the financing of projects of limited scale in the energy sector (at least 70%). The remainder can be allocated to projects qualifying for EIB financing under Sustainable Communities and Knowledge Economy..

The objective of the project is defined as following: The proposed credit line is dedicated to the financing of small scale projects. The operation will promote a number of EU objectives for such projects, which cannot otherwise be reached directly by EIB..

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.

AFFECTED SECTORS

 

AFFECTED PRODUCTS