European Investment Bank

The EIB is the European Union's bank. It is the only bank owned by and representing the interests of the European Union Member States. The bank works closely with other EU institutions to implement EU policy. Is the largest multilateral borrower and lender by volume, providing finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of activity is focused on Europe but we also support the EU's external and development policies.

Offers a variety of finanical support mechanisms for energy projects, such as:

• Standard or RDI investment loans - Direct loans for corporates or Single Purpose Vehicles (SPV) supporting projects in knowledge economy where the total cost is over EUR 25 million (covering up to 50% of the total cost). Limited to moderate risk levels.
• Intermediated loans - Intermediated loans to local, regional and national banks supporting investment projects by SMEs and Mid-caps for which the total cost is below EUR 25 million
• Guarantees - For large and small projects to make them more attractive to other investors. Guarantees for senior and subordinated debt, either in a standard form or as a debt service guarantee similar to that offered by monoline insurers.