Polish SME Sustainable Energy Financing Facility

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 41468

Status Complete

Location

Poland

Business Sector

Financial Institutions

Notice Type

Private

Sub-projects

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 41468

Status Complete

Location

Poland

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

20 Jul 2010

Disclosure date

18 Jun 2010

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Translated version of this PSD: Polish

Project Description

The EBRD is considering a framework operation of EUR 150 million under which credit lines will be provided by EBRD to financial intermediaries in Poland for on-lending to SMEs for energy efficiency and small-scale renewable energy investments.

Transition Impact

The Project will generate transition impact by demonstrating the benefits of energy conservation and promoting the expansion of energy efficiency investments in the SME segment in Poland.

The Project will help develop and demonstrate efficient and effective financing mechanisms for energy efficiency projects through new business models designed specifically to overcome aspects of energy efficiency projects considered risky and to reduce transaction costs.
The Project is also expected to transfer and build expertise, among both financial institutions and companies, related to energy efficiency, energy management and renewable energy investments.

The Client

Clients of the facility will be banks, leasing companies or other credit institutions. It is planned that clients will have extensive outreach into the SME segment and the institutional capacity and commitment to successfully establish a business line in energy efficiency financing as one of their key priority areas.

EBRD Finance

EUR 150 million in senior loans.

Project Cost

EUR 150 million.

Environmental Impact

Categorised FI. This project offers significant environmental opportunities as it will contribute to the reduction of greenhouse gases. All participating banks are required to comply with the requirements of EBRD’s Performance Requirement 2 (“PR”) on Labour and Working Conditions. All sub-loans under the credit lines will need to comply with the requirements of PR9. Sub-borrowers financed through the credit lines will be required to comply with national requirements for environment, health and safety and labour standards. Reporting on sub-projects and annual environmental and social reports will be provided by the participating banks. An independent consultant will be employed to review proposals and confirm compliance with national EHSL requirements.

Technical Cooperation

The Facility will be supported by a comprehensive technical assistance programme and incentive grant scheme to provide implementation support to participating financial intermediaries and sub-borrowers. Funding for the TC programme and incentive scheme is anticipated to be provided by the EU.
For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

Company Contact

Teresa Godwin-Coombs
E-mail: godwint@ebrd.com

Business opportunities

For business opportunities or procurement, contact the client company.

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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Polish SME Sustainable Energy Financing Facility

Project timeline

Project Description

Transition Impact

The Client

EBRD Finance

Project Cost

Environmental Impact

Technical Cooperation

Company Contact

Business opportunities

PSD last updated

Business opportunities

General enquiries

Public Information Policy (PIP)