| Project Detail |
Location:
Regional
Project number:
55127
Business sector:
Natural resources
Notice type:
Private
Environmental category:
B
Approval date:
01 May 2024
Status:
Exploratory
PSD disclosed:
22 Mar 2024
The EBRD/InvestEU Biofuels Framework aims to facilitate financing of higher risk investments for the development of projects by private sector clients in the EBRDs EU Countries of Operations in the wide biofuels market comprising both liquid and gaseous fuels produced from biomass. Examples of such biofuels include biodiesel, bioethanol, sustainable aviation fuel (SAF) and biomethane. Potential clients and beneficiaries of the EBRD loans may include private sector entities engaged in biofuel related sectors like waste management, agriculture, energy, and fuels, as well as financial investors looking to launch new biofuels projects or upgrade existing facilities.
Project Objectives
The key objective of the Framework is to support the development of biofuel market in the EBRD EU countries of operations, which remains small and undeveloped and to support financing of biofuel projects, which cannot be financed without InvestEU guarantee due to their higher level of risk and/or innovative nature. InvestEU guarantees provide necessary support by de-risking the investment and providing lower cost of financing that will enable roll-out of projects that would otherwise not be economically viable. Financing will include but not be limited to capex, working capital, cost of acquisition, construction and upgrade of biofuel plants and associated infrastructure, procurement of equipment, short-term loans required for biofuel projects development. |
