Selection and approval of EFSI projects - the project cycle Workshop “Financing opportunities for projects in agriculture and rural areas – The Investment Plan for Europe “ 23rd February 2016, Brussels Eva Krampe, Sector Economist Projects Directorate, European Investment Bank Florentine Hopmeier, Economist, European Commission European Investment Bank Group
16
Embed
Selection and approval of EFSI projects - the project cycleenrd.ec.europa.eu/sites/enrd/files/w4_efsi_projectcycle... · 2016-02-23 · Selection and approval of EFSI projects - the
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Selection and approval of EFSI
projects - the project cycle
Workshop
“Financing opportunities for projects in agriculture and rural areas –
The Investment Plan for Europe “23rd February 2016, Brussels
Eva Krampe, Sector Economist
Projects Directorate, European Investment Bank
Florentine Hopmeier, Economist, European Commission
European Investment Bank Group
What is this presentation about
European Investment Bank Group 2
€ € €?
EFSI project cycle
European Investment Bank Group 3
EIAH
(if needed)
advisory and technical
assistance services – also
available outside EFSI
EFSI
Investment
Committee
decides on use of EU
Guarantee for each of the
proposed operations
EIB Appraisal
Implementation
Technical scope
Operation
Procurement
Supply and demand markets
Environmental impact
Investment cost
Profitability
European Investment Bank Group 4
Why?
I. Commercially sound, economically and
technically viable investment projects
II. Compliance with EIB Environmental and Social
Standards
What kind of projects can EFSI finance?
European Investment Bank Group 5
Renewable resource protection
Upstream industries
Primary production
Trans-formation
ProcessingLogistics
and storage
Wholesale and retail
EU economic policy objectives
Match the EFSI eligible sectors
and Investment Guidelines
Who can apply?
• Companies of all sizes, including small and medium-sized
enterprises (with up to 250 employees) and midcaps (with
up to 3 000 employees)
• Utilities
• Public sector entities
• National promotional banks or other banks to deliver
intermediated lending
• Investment platforms
European Investment Bank Group 6
How does one apply for EFSI funding?
• Project promoters can contact the EIB directly – they do not need to pass via a local authority or government or the EIAH/EIPP
• Layout and content of documents to be submitted to the EIB are the responsibility of the project promoter
• EIB expects to receive a feasibility study (incl. the financial model)
• For SME (Midcap) financing, proposals can be submitted to EIB and EIF partner institutions in each country
(browse for example http://www.eib.org/products/lending/intermediated/list