devinitorg/iati-policy-markers huggingface dataset:
ESIF: Smolyan Water Subproject Provision of a EUR 4.1 million loan to the Smolyan Water Supply and Sanitation  Company (the "Company"), a state-owned water utility based in the town of  Smolyan, Bulgaria. The loan will be funded with EBRD capital resources, the  European Structural and Investment Funds ("ESIF") and the national budget of  the Republic of Bulgaria (the latter two are jointly referred to as "ESIF  contributions"). The ESIF contributions will be used in the form of repayable  financial instruments.  The proceeds of the loan will co-finance the construction of new and the  rehabilitation of existing water and wastewater infrastructure, jointly with  investment grants from the EU Operational Programme Environment 2014-2020 (the  "Project").  The main objectives of the Project are: (a) to help the Company achieve full  compliance with the EU Urban Waste Water Treatment Directive in all  agglomerations of more than 10,000 people serviced by the Company and (b)  improve the efficiency of water supply services, reduce the share of  non-revenue water and fulfil the requirements of the EU Drinking Water  Directive.
Turk Telekom Expansion The EBRD is providing a loan of up to USD 100 million to Turk Telekom, the  leading communication and convergence technology group in Turkey offering its  customers the complete range of fixed voice, mobile, data, and internet  services as well as innovative convergence technologies. The financing will be  used to support the investment in mobile broadband infrastructure in Turkey.  The financing will support the expansion of the broadband infrastructure in  Turkey including in the eastern regions where penetration remains  lower compared to the rest of the country.
Krakow Tram PPP Project The provision of a senior loan of up to PLN 258.5 million, equivalent to € 54.6  million, in favour of PPP Solutions Polska 2 Sp. z o.o. (the SPV, or the  Borrower), a special purpose vehicle established for the sole purpose of  developing and implementing the 4th phase of the Krakow Fast Tramway, under a  private public partnership (PPP) granted by the City of Krakow.  The Project involves the development, construction and maintenance of the 4th  phase of the Krakow Fast Tramway including (i) the construction of a 4.5 km new  twin track, (ii) the extension of the existing tramline loop Mistrzejowice,  (iii) the construction of a tunnel (approx. 0.9 km), (iv) the redevelopment of  the existing road scheme (approx. 10.3 km), and (v) the development /  redevelopment of associated infrastructure.  The Project aims to connect two existing tramlines in the northern part of the  city centre passing through two residential districts, with an objective to  increase services and improve the integration of public transport as an  efficient and more sustainable alternative to passenger car traffic. Once  operational, the tram track is expected to lead to a capacity increase of 40  trams per hour in both directions (in total about 556 tram passages per day).   The Project is expected to result in environmental and social benefits for  the residents of Krakow by reducing the level of emissions from the transport  system. Additionally, complementary infrastructure in line with the city's  sustainable transport strategy will be developed as part of the Project to  promote other sustainable forms of travel such as walking and cycling.
Lida Wastewater Subproject Assist the city of Lida in reconstruction and modernisation of the wastewater  treatment facilities.  A sovereign loan of € 21 million, of which up to € 6 million will be  allocated for the benefit of Unitary Enterprise Lida GUP JKH, a municipally  owned company that provides water, wastewater, district heating and other  socially important services in the city of Lida.  The Loan will finance a Priority Investment Programme (the 'PIP') aimed at  reconstruction and modernisation of the wastewater treatment facilities (the  'Project') to ensure compliance with the national and the EU standards and  HELCOM recommendations for effluent quality treatment.
Western Balkans - Komercijalna Banka Skopje Provision of a senior unsecured loan of up to EUR 1 million to Komercijalna  Banka a.d. Skopje ("KBS"), provided under the Western Balkans Green Economy  Financing Facility ("GEFF"). The loan will have a tenor of up to 5 years,  consisting of up to 2 years grace period and 3 years for principal repayment.  KBS is the fifth bank in the North Macedonian market to join GEFF and to offer  this kind of product to its sub-borrowers.  The transaction supports investments in high-performance energy efficiency  technologies, materials and solutions undertaken in, or in relation to,  privately-owned residential dwellings or buildings ("sub-projects") in North  Macedonia. Sub-projects are selected according to technical and financial  eligibility criteria set forth in the Policy Statement for GEFF. 100% of the  use of proceeds will be related to Green Economy Transition investments.
Dniprovska Meat A loan of up to EUR 20 million consisting of a committed Tranche 1 of EUR 10  million and an uncommitted Tranche 2 of EUR 10 million to the  Dniprovska Agri  Group poultry company  (the "Group") to finance  the reconstruction and  expansion of its  slaughterhouse (one word)  during 2019-2020 and to further  increase production capacities during 2020-2021.  The Project will support the reconstruction and expansion of the Group's  slaughterhouse, allowing it to obtain the required certifications for  entering market of the European Union.
Yayla Agro Working Capital Facility The transaction envisages providing up to EUR 25 million senior unsecured loan  in favour of Yayla Agro Gida Sanayi ve Nakliyat A.S., a commodity trader  specialised in processing of pulse products in Turkey.  The Loan will enable the Company to finance its working capital needs due to  the increased procurement requirement from the suppliers in order to satisfy  increased demand for food products from consumers in Turkey related to COVID-19  crisis.
EOS Hellenic Renaissance Fund An equity commitment of up to EUR 15 million in favour of EOS Hellenic  Renaissance Fund RAIF - SCA (the "Fund").  The Fund will seek to make equity, quasi-equity and equity related investments  in small and medium-sized enterprises in Greece, with the objective of  achieving long-term capital growth.
EU-Armenia SME Fund Investment in an Armenia focused private equity fund (the "Fund").  The potential project forms part of the Small and Medium Enterprise Finance  and Advice Facility (the "Facility"), a joint initiative between EBRD and the  European Union focused on private sector development in Armenia and,  specifically, improving access to finance for Armenian SMEs.  Diversify the financing solutions available to SMEs in Armenia whilst achieving  long-term capital growth by delivering equity and quasi-equity financing to  companies in the country.
EaP SMEC - ACBA bank loan II Senior unsecured loan to ACBA bank of up to USD 7 million for SME financing  under the SME Competitiveness Programme in EAP ("SME Competitiveness  Programme").  The project will enable ACBA to finance long-term investments of Armenian MSMEs  in upgrading their technology and equipment necessary to meet EU standards in  terms of product quality, health and safety measures and environmental  preservation. At least 70 per cent of all financed sub-loans are expected to be  compliant with EBRD Green Economy Transition (GET) approach. In addition to  long-term financing, eligible sub-borrowers will receive technical assistance  and grant support in the form of investment incentives upon the completion of  their investment projects.
Western Balkans SME Platform SCV Technology Fund III An equity investment of up to EUR 10 million in favour of the venture capital  fund SCV Technology Fund III (the "Fund" or "ENIF II"), targeting early stage  technology companies in the Western Balkans, Croatia and Slovenia.  The fund will make equity, quasi-equity and equity related investments  predominantly in early-stage technology companies in the Western Balkans,  Croatia and Slovenia. The fund will have a core early-stage investment focus  predominantly targeting investments at late seed/series A funding rounds.
Regional TFP: Bank Audi, Egypt The EBRD is considering a financing package of up to USD 60 million to Bank  Audi sae. The facility will comprise (i) a senior loan for on-lending to  private small and medium enterprises ('SMEs') for up to USD 30 million; and  (ii) up to USD 30 million trade finance limit for guarantees and cash advances.  Null Value
PKO BP subordinated bond Investment in Polish zloty-denominated subordinated bonds in an amount of PLN  91.4 million (EUR 21.4 million) as part of a total aggregate issuance of PLN  1.7 billion (EUR 400 million) issued by PKO Bank Polski S.A. ("PKO BP"), a  public company incorporated in Poland and the largest commercial bank in Poland.  PKO BP has committed to allocate the equivalent of 200 per cent of the proceeds  from EBRD investments in the bonds to finance loans for  environmentally-friendly residential real estate refurbishments.
NBU SME Senior Loan The Project consists of a financing package of up to US$ 100 million in favour  of the National Bank for Foreign Economic Activity of the Republic of  Uzbekistan ("NBU") to be split between a senior micro, small and medium-sized  enterprises ("MSME") loan of up to US$ 70 million with the proceeds to be  on-lent to eligible sub-borrowers, and a trade facilitation programme ("TFP")  limit of up to US$ 30 million for trade finance activities.  The MSME loan will enable NBU to increase the availability of medium-term  funding for private MSMEs in Uzbekistan, which remain underserved. The Project  will also be contributing to furthering competition in the real economy by  increasing availability of financing to Uzbek MSMEs including in the rural  areas of Uzbekistan.  The TFP limit will enable NBU to support import and export transactions,  further develop its correspondent banking services and strengthen its trade  finance product range. It will allow the bank to join the EBRD TFP network of  over 800 Confirming Banks and to receive advanced trade finance trainings.  Moreover, it will help the bank to establish stronger trade links with the  EBRD's countries of operations and promote intra-regional transactions.
GEK TERNA bond 2020 The EBRD invested EUR 57.5 million in the EUR 500 million senior unsecured bond  issued by GEK TERNA S.A. The bond is listed on the Athens Stock Exchange and is  maturing in 2027. The participation comes under the Greek Corporate Bonds  Framework - Extension.  As part of the Framework, the Project aims to support the development of the  local corporate bond market in Greece and facilitate the access of Greek  corporates to the debt capital markets. The EBRD proceeds will be used to  refinance secured commercial loans with longer tenor and reduced financing  costs, enabling the corporate transformation that will optimise, among others,  the capital structure of GEK TERNA. Further proceeds from the bond issuance  will support new and/or existing investments in concession, infrastructure and  energy projects.
FBIH Roads - Flood Repair and Upgrade The European Bank for Reconstruction and Development is providing a sovereign  loan to BiH in the amount of up to EUR 65 million for on-lending to the  Federation of Bosnia and Herzegovina (FBH) and further to the Public Company  Roads of the Federation of Bosnia and Herzegovina (the 'FBIH Roads') to finance  the repair and modernisation of selected road sections and structures in the  FBH.  The proceeds of the loan will be used to repair and upgrade the primary road  network in the Federation of Bosnia and Herzegovina ('FBIH') following the  damage caused by the severe floods during the Spring of 2014, In addition, the  financing is aiming to improve the level of service and traffic safety on the  FBIH primary road network.
EDF EN Benban PV Long-term senior debt financing of up to USD 27.0 million (EUR 24.8 million  equivalent) to finance the construction of 50 MW solar photovoltaic plant  located in the proposed 1.8 GW Benban solar complex in the Aswan province of  Egypt (the "Project"). The Project will be one of the first utility scale solar  plants in Egypt and will support the country in increasing its renewable energy  capacity. The Project is part of a larger portfolio of two 50 MW plants  developed in Benban by the same group of lead sponsors.  The Project will be developed under the programme implemented by the Egyptian  government offering feed-in tariffs to projects of up to 50 MW capacity to  stimulate private investment in over 4 GW of wind and solar power. This scheme  aims to support Egypt to move to a more environmentally sustainable and diverse  electricity sector by exploiting the country's vast renewable energy potential.  It is expected to improve the environmental characteristics of Egypt's power  sector by reducing emissions of local pollutants and CO2, as well as water  consumption.
OTP Bank Hungary - senior preferred bond The EBRD invested €40 million in a 3.25NC2.25 senior preferred bond issued by  OTP Bank Plc. ("OTP"), as part of its €650 million public bond issuance. The  bonds are rated BBB (S&amp;amp;P) and listed on the Luxembourg Stock Exchange. This was  followed by $20 million investment in 10.25NC5.25 Tier2-eligible subordinated  bonds, as part of its $650 million public issuance that was listed on the  Luxembourg Stock Exchange. OTP will allocate the equivalent amount of the  EBRD's investment in green projects in Hungary and up to 10 regions outside  Hungary where OTP has subsidiaries, in particular: Albania, Bulgaria, Croatia,  Moldova, Montenegro, Romania, Serbia, Slovenia, Ukraine and Uzbekistan (once  acquisition is completed).  The project supports the resilience and regulatory compliance of the largest  bank in Hungary, helps develop and deepen capital markets, and delivers on the  Bank's green agenda and national green economy priorities in Hungary and other  EBRD's countries of operation where OTP is present.
Gyumri Urban Roads The EBRD is assisting the city of Gyumri in Armenia in rehabilitation of major  streets and modernisation of public lighting.  An EBRD sovereign loan of up to EUR 10.6 million will be extended to the  Government of Armenia, to be on-lent to the City. The project is expected to be  co-financed with a grant from an international donor or SSF in the amount of up  to EUR 5.3 million.  The operation will enable the City to rehabilitate major streets and modernise  public lighting in Gyumri. Street rehabilitation works will include renewal of  asphalt and pavements, including upgrade of water drainage infrastructure. The  public and street lighting refurbishment will entail replacing existing high  pressure mercury-based lamps with modern energy-efficient technology using LED  lamps.
Green Cities 2 W2 - Shymkent WWTP Capacity Extension Project The Loan will be used to finance the Priority Investment Programme consisting  of the Wastewater Treatment Plant ("WWTP") capacity extension from 150,000  m3/day to 200,000 m3/day and the wastewater network rehabilitation (the  "Project"). The Project is expected to be a 'trigger' investment for the City  under the Green Cities Framework 2 i Window II ("GrCF2 W2").  The Project will further improve the company's wastewater treatment services  via the expansion of its WWTP capacity and the service area, a reduction in  accidents and breakdowns in the wastewater network, and manage the increasing  volume of wastewater.
Frutarom Expansion Provision of a EUR 50 million loan to Frutarom (UK) Ltd. (the "company"),  subsidiary of Frutarom Industries Ltd.  The EBRD loan, will be used for (i) re-financing of the company's acquisition  of Slovenia's Vitiva d.o.o., (ii) re-financing of the company's acquisition of  Poland's AMCO Sp. z o.o, and (iii) financing of post-acquisition capex and  working capital needs.
GCF-GEFF Regional - Tajikistan - Imon loan III Senior loan of up to USD 4.0 million to IMON, of which up to USD 3 million to  be provided by the EBRD and up to USD 1m by the GCF under the GCF-Green Economy  Financing Facility Regional Framework (GCF-GEFF Programme in Tajikistan II).  The proposed operation complies with the GCF GEFF Regional Framework  criteria. This is the third loan under the Framework to IMON which follows the  successful utilisation of the first loan signed in 2021 and the second one  signed in 2022. Proceeds of the loan will be allocated to climate change  mitigation and adaptation technologies. The transaction will support further  expansion of IMON's product offerings with green lending products, in a gender  responsive way.
Olam Regional Project Provision of a USD 125 loan to Olam International Ltd in order to provide  stable financing for the working capital needs of the company in Georgia,  Egypt, Poland, Turkey and Ukraine (the "project countries").  The loan will be used to finance the sourcing, processing, storage and  transportation of agricultural commodities such as nuts, grains, dairy and  dried vegetables, across these countries.
Ford Otosan Commercial Vehicles The Bank originally provided a EUR 150 million long-term loan to Ford Otomotiv  Sanayi A.S. in 2017 to finance the investment programme for the upgrade of Ford  Otosan's Transit commercial vehicles as part of its medium term investment  programme at its plant in Kocaeli, Turkey. ("Original Project")  The EBRD is extending an additional EUR 25 million long-term loan in favour  of Ford Otosan to finance the Company's additional working capital needs  stemming from the COVID-19 related measures. ("Extension Project")  The Original Project provided financing for the mid-cycle facelift of Ford  Otosan's Transit model commercial vehicles at the Kocaeli manufacturing base,  helped create an ecosystem of skilled and certified workforce in the automotive  industry and contributed to the Bank's ongoing dialogue with the Turkish  authorities on inclusion, the opening up of economic opportunities to  previously under-served social groups.  The key objective of the Extension Project is to preserve the gains achieved  through the Original Project with Ford Otosan signed in April 2017.
El Taamir for Securitization, NUCA Provision of an investment in an amount of EGP 927 million, gross of fees and  accrued interest, in a receivables securitisation local currency bond  programme, consisting of five tranches with varying returns and maturities, in  favour of El Taamir for Securitization Company ("El Taamir" or the Issuer), a  special purpose vehicle (SPV) incorporated in Egypt and established by the New  Urban Communities Authority (NUCA).  The Bank's proceeds will be used by NUCA to fund municipal investments in new  cities. This sustainable urban development is in line with the Government's aim  to redistribute the population away from the Nile Delta. These investments are  to meet EBRD's investment criteria and include a range of municipal  infrastructure projects such as those related to water, sanitation, treated  water storage and pumping stations, street lighting and power transmission.
Zanzibar Pharma Provision of an equity investment of up to USD 75m for the acquisition of  Egyptian generic-drug maker Adwia Pharmaceuticals. EBRD partners with a group  of co-investors: CDC, a development finance institution funded by the UK  government, and ADP III, a private equity fund advised by Development Partners  International (DPI), a pan-African private equity firm, to create a new Company  with the aim of acquiring generic manufactures with particular focus on North  Africa including Egypt.  EBRD investment will support the Company's objective to become a strong player  in the specialty pharma generics in Egypt as part of the Company's ambitions to  be a major Pharma player with a particular focus on North Africa. In addition  to the acquisition of Adwia, the Company, with funding support of the  Co-Investors will acquire Celon, an Indian oncology and critical-care product  specialist. Adwia will benefit from Celon's strong know-how in drug  development, including for chronic and life threatening health conditions.
Finansbank MSME Financing Facility - DPR The EBRD has invested US$100 million, in rated senior bond notes (the  "Facility"), issued under Finansbank's ("FB" or the "Company") existing  Diversified Payment Rights ("DPR") programme. EBRD's notes are backed by  specifically defined foreign currency denominated payment orders of Finansbank.  This new DPR issuance is rated BBB+ by Fitch. Finansbank is the 6th largest  privately owned bank in Turkey by asset size.   The project comes under the Small Business Initiative Operational Plan -  Financial Intermediary Framework. The proceeds of EBRD's investment are to be  used by Finansbank to on-lend to eligible MSMEs in priority regions in Turkey  with a specific focus on agribusiness for 40 per cent of the facility. This  facility has been designed to leverage Finansbank's geographic and client scope  through extension of the financing to MSME clients in Turkey in under-served  regions.  Null Value
Akis REIT (Real Estate Investment Trust) EBRD participated in the accelerated book building ("ABB") of AKIS GYO  Gayrimenkul Yatirim Ortakligi A.S. ("AKIS REIT" or "the Company"), a real  estate investment trust part of Akkok Holding ("the Group"), Turkey. The Bank  equity investment amounted to Turkish Lira equivalent of USD 25 million of the  Company's secondary treasury shares.  The proceeds of the ABB will be used to help finance the Company's  development pipeline and improve its balance sheet by reducing the outstanding  loans. The proceeds of EBRD investment will finance the capex of Beykoz  project, a residential development targeting LEED Silver or above energy  efficiency certification (the "Project").  The Project will support the growth of the Company by providing financing  specifically to residential development project in Beykoz and reducing the bank  debt leverage.
FIF WB  Women in Business  Phase II KEP A senior unsecured loan of up to EUR 1 million to be provided in one single  tranche under the Western Balkans Women in Business Programme Phase II (WB WiBP  II).  The proceeds of the Bank's investment will be used for sub-lending to eligible  women-led micro, small and medium enterprises (MSMEs) in accordance with the  Policy Statement.
Humo MSME Loan III &amp;amp; Skills Provision of a senior unsecured loan under the Financial Intermediaries  Framework (FIF) in the total amount of up to USD 2m equivalent. The loan will  be structured as a synthetic Tajik Somoni loan.  As part of the transaction, Humo will introduce a new training focused on  providing technical digital skills for young people in collaboration with an  existing education provider. The training will be nationally accredited and  certified and improve the employability of 200 young people.  The proceeds of the loan will be on-lent to local private MSMEs in accordance  with the requirements of the FIF Policy Statement.