News Column

PolSEFF Leasing

June 7, 2014



Project Status : Active Project Location : Poland Country:Poland Project number: 46432 Business sector:Leasing Finance Public/Private : Private Environmental category: FI Target Board date:9 July 2014 Status: Passed concept review, Pending final review PSD disclosed: 5 June 2014 Project Description : A EUR 250 million facility to provide senior loans in EUR or PLN, to be allocated in the course of two years under the Polish Sustainable Energy Financing Facility for Leasing (Polseff Leasing), to participating financial institutions (PFIs) in Poland for the provision of financing to Polish small and medium-sized enterprises (SMEs). At least 70% of the framework s proceeds will be used for financing sustainable energy projects based on the pre-approved list of eligible materials and equipment, while up to 30% will be used for the acquisition of equipment, light commercial vehicles and trucks and trailers by SMEs (sub-projects). Transition Impact The transition impact is derived from: Demonstration of new products: The framework will help demonstrate the financial viability and attractiveness of unsubsidised sustainable energy financing through leasing companies. This will be the first intermediated sustainable energy financing framework on the Polish market without grants and based on commercial financing terms. Furthermore, the Framework will also continue to demonstrate the benefits of best available technologies across the Polish SME sub-sectors. Market expansion: By providing access to finance to SMEs for modern energy efficiency equipment, the framework will expand the market for the best available technologies, increasing penetration rates. Skills transfer: The Framework will increase the awareness of PFIs and their clients of the benefits of energy efficiency. The Client : PFIs EBRD Finance : Up to EUR 250 million. Project Cost : Up to EUR 250 million. Environmental Impact : Categorised FI. The PFIs under the framework will be required to comply with EBRD s Environmental Performance Requirements ( PRs ) 2 and 9, implement the EBRD s E & S Procedures for Leasing, and submit annual environmental and social reports to the Bank. Borrowers under the facility will be required to comply with applicable national environmental, health and safety and labour requirements. Business opportunities : For business opportunities or procurement, contact the client company. General enquiries : EBRD project enquiries not related to procurement: Tel: +44 20 7338 7168; Fax: +44 20 7338 7380 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. Project Complaint Mechanism (PCM): The EBRD has established the Project Complaint Mechanism (PCM) to provide an opportunity for an independent review of complaints from one or more ind

Project completion date : 2015-07-31 12:00:00

Major organization : PARTICIPATING FINANCIAL INSTITUTIONS (PFIS)

Address : Poland



Country :Poland

Financier : European Bank for Reconstruction and Development (EBRD),

Financier address : Financier: European Bank for Reconstruction and Development (EBRD) One Exchange Square London EC2A 2JN United Kingdom Website : http://www.ebrd.com/


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Source: TendersInfo (India)


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