Translated version of this PSD: Polish
The EBRD is considering an energy efficiency credit line of up to €200 million (the facility) to be provided to financial institutions in Poland for on-lending to small and medium-sized enterprises (SMEs). The project will support sustainable energy investments by Polish SMEs.
The facility is a joint initiative between the Polish government through the National Fund for Environmental Protection and Water Management (NFOS) and the EBRD. It will be complemented by up to PLN 60 million provided by NFOS for investment incentives under the priority programme “Improving Energy Efficiency Part 4: Energy Saving Investments in SMEs”.
The project generates transition impact by demonstrating financial viability of energy efficiency projects, transferring skills to local engineers, financial institutions, and the Polish government agencies for reaching more businesses and developing the framework for markets.
The clients will be Polish financial institutions (participating financial institutions) which will on-lend the funds to SMEs.
Credit lines of up to an aggregate of €200 million to be allocated to participating financial institutions in Poland.
The amount of the facility is up to €200 million.
Loans to participating financial institutions to be negotiated on a case by case basis.
FI screened project. All participating financial institutions will be 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 on financial intermediaries. 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 financial institutions.
The framework is complemented by up to EUR 4.66 million donor funding provided by the European Union (EU) for TC support. TC support is composed of four elements below:
- Project Preparation Consultant has been contracted by EBRD to provide support to EBRD and NFOS on the design and the operational procedures of the joint programme;
- Project Consultant will be contracted by EBRD to (i) provide support to Participating Financial Institutions and their SME clients for the preparation and assessment of eligible Sub-Projects;
- Verification Consultant will be contracted by EBRD to verify eligible Sub-Projects financed under the Facility;
- Carbon Market Consultant will be contracted by EBRD to engage in policy dialogue with the Polish government in describing, assessing, and testing possible market-based incentive mechanism that can support sustainable energy investment in SMEs beyond the Facility.
Karina Saroukhanian, Senior Banker, Financial Institutions Team
One Exchange Square
London EC2A 2JN
Tel. +44 207 338 6811
Ksenia Brockmann, Principal Manager, Energy Efficiency and Climate Change Team
One Exchange Square
London EC2A 2JN
Tel. +44 (0)20 7338 6082
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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