| Project Detail |
The facility is a sub-operation with HSBC under the Lending Envelope (LE), which consists of sub-operations in the form of "Partial Delegation Linked Risk Sharing" with eligible Financial Intermediaries.
Objectives
The aim is to enable new investments in wind energy across the EU through counter-guarantees on advance payment and performance bonds associated with supply contracts of EU manufacturers of wind energy equipment, including grid interconnectors. The facility is part of the European Wind Power Package, in line with the EU green Deal objectives and REPowerEU plan.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 270 million
Total cost (Approximate amount)
EUR 4320 million |
