Italy Project Notice - UNICREDIT RISK SHARING CLIMATE ACTION


Project Notice

PNR 61514
Project Name UNICREDIT RISK SHARING CLIMATE ACTION
Project Detail The project consists of a delinked risk sharing operation with Unicredit on an existing loan portfolio financing projects in the renewable energy and infrastructure sectors. Objectives The aim is to enhance access to finance for eligible renewable energy projects across the EU and thus contribute to the EU-wide target of 32% of renewable energy in gross final energy consumption (RES) by 2030 as set out in the EU RE Directive 2018/2001. As a number of projects should be located in EIB Cohesion Priority Regions, the operation is also eligible under Article 309 (a) "projects for developing less-developed regions" and (c) "common interest". Ultimately, this project will contribute to the EIBs lending priority policy on social cohesion, renewable energy and climate action. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) not disclosed Total cost (Approximate amount) not disclosed
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Italy , Southern Europe
Project Value Plz Refer Document

Contact Information

Company Name European Investment Bank (EIB)
Web Site https://www.eib.org/en/projects/pipelines/all/20230377

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