Translated version of this PSD: Polish
Project Description
Provision of a senior loan of EUR 100 million (available in PLN or EUR) to SG Equipment Leasing Polska Sp. z o.o. (the "Project") under the PolGEFF Leasing Framework (the "Framework"). The proceeds will be used to provide leasing finance to small and medium-sized enterprises ("SMEs") in Poland.
Project Objectives
The proceeds of the loan will be used to finance energy and resource efficiency, renewable energy, water and waste management sub-projects, through private businesses, that stimulate green economy transition (i.e. GET investments), under the PolGEFF Leasing Framework. The eligible sub-projects will cover a broad spectrum of technologies and will be selected according to technical, financial and environmental eligibility criteria.
Transition Impact
The main sources of transition impact will stem from the demonstration of commercial viability of resource and energy efficiency investments to private businesses and the financial sector. This is expected to contribute to the market expansion and transfer of skills in Poland.
Client Information
SOCIETE GENERALE EQUIPMENT LEASING POLSKA SP ZOO
SG Equipment Leasing Polska Sp. z o.o. is part of Societe Generale Group and is a leading leasing company in Poland for equipment finance. The company provides leasing finance for a wide range of assets including agricultural equipment, light and heavy vehicles, and construction machinery.
EBRD Finance Summary
EUR 100,000,000.00
€100 million
Total Project Cost
EUR 100,000,000.00
€100 million
Environmental and Social Summary
Categorised FI (ESP 2014). SGEL will be required to continue to comply with EBRD's Performance Requirements 2, 4 and 9, adopt and implement the EBRD's E&S Procedures for Leasing Companies and submit Annual Environmental and Social Reports to the EBRD on E&S matters and on the implementation of the Performance Requirements. All projects under the Green Economy Financing Facility (GEFF) will be required to comply with the national environment, health and safety and labour regulations and standards as well as the Environmental and Social eligibility criteria for Renewable Energy and Energy Efficiency sub-projects.
Technical Cooperation
None.
Company Contact Information
Joanna Budnicka-Bogdan
Joanna.Budnicka@sgef.pl
+48 225284678
+48 225284611
https://www.sgef.pl/
SG Equipment Leasing Polska Sp. z o.o., Marszalkowska 111, 00-102 Warsaw, Poland
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
Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.
