Project Notice
|
| PNR |
69914 |
| Project Name |
PAN-EU POWER GRID PACKAGE LE |
| Project Detail |
The Lending Envelope (LE) will enable new investments in the European power grid through counter-guarantees on advance payment and performance bonds associated with supply contracts of manufacturers of power grid equipment in the InvestEU countries. The LE consists of sub-operations in the form of Partial Delegation Linked Risk Sharing with acceptable financial intermediaries. Objectives The objective is to support the expansion and enhancement of the EU power grid by increasing the capacity of the financial intermediaries to provide advance payment and performance bonds in relation to the supply of power-grid components. Sector(s) Credit lines - Credit lines Proposed EIB finance (Approximate amount) EUR 1,500 million Total cost (Approximate amount) EUR 12,000 million |
| Funded By |
European Investment Bank (EIB) |
| Sector |
Energy, Power and Electrical |
| Country |
Various Countries , Southern Asia |
| Project Value |
AL 12,000,000,000
|
