devinitorg/iati-policy-markers huggingface dataset:
Alpha Bank equity increase EBRD has invested in a follow-on equity investment in Alpha Services and  Holdings SA in the amount of EUR 7 million.  The Project is part of a EUR 800 million capital increase, which will be  utilised in the context of Alpha's recent business plan announcement to (i)  accelerate NPE clean up and improve balance sheet strength, (ii) improve  operational efficiency, (iii) drive fee and commission income recovery, (iv)  capitalise on the significant lending growth opportunity in the Grek banking  sector and (v) help with international expansion in Romania.
UzPSB UZS Loan Project This project was approved in the context of the Bank's response to the COVID-19  pandemic. To avoid delays to the delivery of this project, the Bank's President  granted a deviation from the ordinary timelines for PSD disclosure, as  contemplated by Section V of the Directive on Access to Information. Details of  the Bank's response to COVID-19, and this deviation, can be found on our  website.  The provision of a senior unsecured loan of up to US$ 25 million in the local  currency equivalent (synthetic UZS) under the Resilience Framework in favour of  Uzpromstroybank ("UzPSB"). The proceeds of the loan will be channelled by UzPSB  to the businesses operating in Uzbekistan. This project was approved in the  context of the Bank's response to the COVID-19 pandemic.  The proposed project will allow UzPSB to: (i) provide much needed funding in  the local currency to eligible sub-borrowers thus improving the resilience of  the financial sector; and (ii) help UzPSB to maintain and grow its market share  in lending to the local private borrowers despite of the COVID-driven market  disruption. Moreover, continued lending to the SME segment will be essential  for the bank's management to carry on the Transformation efforts.
Mehedinti sub-project The EBRD is providing up to EUR 5.7 million (or RON equivalent) to S.C. SECOM  S.A. (the 'Company') a regional operating company ('ROC') providing water and  wastewater services in the County of Mehedinti, located in south-west Romania,  to co-finance the Company's regional EU Cohesion Funds investment programme of  up to EUR 72.9 million ('the Project').  The EUR 5.7 million loan is a sub-project of the EUR 130 million Extension of  the Regional EU Cohesion Fund Water Co-Financing framework (the 'Framework')  approved by the Bank to co-finance projects in Romania's water and wastewater  sector alongside EU Cohesion Funds. The project summary document for the  Framework was published on 23 September 2010.  The proposed Project will enable the Company to rehabilitate and extend its  water and wastewater infrastructure in nine agglomerations and nine water  supply zones in the County of Mehedinti. The investment is expected to improve  the quality of the drinking water to meet EU directives as well as to increase  both access to and quality of the water and sewerage services.
EaP SMEC - OTP Bank (former Mobiasbanca) II Provision of a five-year senior unsecured loan of up to EUR 15 million to OTP  Bank SA (OTP Bank) under the SME Competitiveness Programme in the Eastern  Partnership for on-lending to eligible micro, small and medium enterprises  (MSMEs). The loan will be available in three tranches of EUR 5 million each. In  addition to long-term financing, eligible sub-borrowers will receive technical  assistance funded by the European Union and grant support in the form of  investment incentives upon the completion of their investment projects.  The SME Competitiveness Programme in the Eastern Partnership is a follow-on  facility of the existing FI DCFTA Blended Finance Programme (DCFTA), designed  for Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine to support  upgrades in micro, small and medium-sized enterprises (MSME) to European Union  (EU) standards. The proposed project will enable OTP Bank to extend loans for  investment purposes to local SMEs, financing upgrades of technology and  equipment necessary to meet EU standards in terms of product quality, health  and safety measures and environmental preservation and thus will help  businesses to become greener and more competitive.
Qair Wind - Linowo Provision of a senior loan to finance the acquisition and operation of a 48 MW  portfolio of onshore windfarm in Linowo, Poland(the "Project"). The borrower  will be the special purpose company owning the wind farm QWP Linowo Sp. z o.o  (the "Borrower").  The project will contribute to climate mitigation by adding wind generation  capacity to the national energy system, increasing the share of renewable  energy generation in Poland. In addition, the project will support the entry of  a new player in the Polish renewable energy market.
Air Astana Project This project was approved in the context of the Bank's response to the COVID-19  pandemic. To avoid delays to the delivery of this project, the Bank's President  granted a deviation from the ordinary timelines for PSD disclosure, as  contemplated by Section V of the Directive on Access to Information. Details of  the Bank's response to COVID-19, and this deviation, can be found on our  website.  The provision of a senior multicurrency loan of up to US$ 50 million to be  provided in favour of JSC Air Astana (the Company). The financing will be  provided in two tranches to support the Company in managing the Covid-19  pandemic and subsequent air traffic restrictions and to finance the acquisition  of flight simulation equipment and associated costs.  The loan will be used to help the Company limit negative impact of the Covid-19  pandemic on it operations and to preserve transition gains achieved by the  previous project.
Access/EREN Benban PV II Senior debt financing of up to USD 29 million (EUR 27 million equivalent) to  finance the construction of a 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.
Baltics CP: Maxima The Bank has invested EUR 4.2m in the commercial paper ("CP") issuance by the  leading Baltic retailer Maxima Grupe UAB (the "company" or "issuer"). The size  of the issuance is EUR 40m and the CP has a maturity of 12 months.  The CP will be used to finance the issuer's working capital needs. The Bank's  presence is expected to provide confidence to investors by supporting the first  ever CP issuance in the Baltic States and supporting a successful first CP  issuance by the company.
Shalkiya Zinc: Pre-Privatisation Loan A USD295 million pre-privatisation A/B senior loan to JSC ShalkiyaZinc LTD (the  "Borrower"), a 100% subsidiary of JSC Tau-Ken Samruk ("the Sponsor"), National  Mining Company of Kazakhstan, to finance expansion of the Shalkiya zinc-lead  mining operation.  The facility will support the borrower's pre-privatisation efforts in expanding  operations of the existing Shalkiya zinc-lead mine located in the Kyzylorda  region of Kazakhstan and the construction of a processing plant at the site  with a capacity of 4 million tonnes per annum.
MSME Loan - AFK This project was approved in the context of the Bank's response to the COVID-19  pandemic. To avoid delays to the delivery of this project, the Bank's President  granted a deviation from the ordinary timelines for PSD disclosure, as  contemplated by Section V of theDirective on Access to Information. Details of  the Bank's response to COVID-19, and this deviation, can be found on our  website.       Provision of a 2-year senior unsecured loan of up to EUR 2 million to AFK, a  strategic long-term microfinance institution partner of EBRD in Kosovo, to  support its lending operations amidst adverse consequences of Covid-19. The  facility, an MSME loan under the Financial Intermediaries Framework ("FIF"),  will be provided in two equal tranches (second tranche uncommitted). EBRD's  facility will be extended to AFK in parallel and conditional to new financing  from EFSE (EUR 2 million, tenor of 3 years) and CoopEst (EUR 0.5 million, tenor  of 3 years), whose signing and first tranche disbursement is also scheduled for  June.  The loan proceeds will be used to provide working capital loans to  sub-borrowers (eligible small and micro businesses) in line with the MSME  Policy Statement.  The loan proceeds will be used to provide working capital loans to  sub-borrowers (eligible small and micro businesses) in line with the MSME  Policy Statement.
RLF-NREP PRS Loan (f. RLF - Intermarium) A senior loan of up to up to PLN 229 mln (ca. EUR 48 mln) in favour of Parkur  PropCo Sp. z o.o., Bemowo PropCo  Sp. z o.o., Mokotow I PropCo Sp. z o.o.  and  Mokotow II  PropCo Sp. z o.o. ("Co-Borrowers"), which are fully owned by NREP  Nordic Strategies Fund IV ("the Sponsor"). The proceeds will be used to fund  the forward purchase of newly constructed green certified apartments for rent  in Warsaw. The project is considered under the Resilience and Livelihoods  Framework, a EUR 2 billion package which was adopted by the EBRD after the  Russian invasion in order to support Ukraine and other affected countries.  This project was approved in the context of the Bank's response to the  Russian-led invasion of Ukrainian territory in February 2022. To avoid delays  to the delivery of this project, the Bank's President granted a deviation from  the ordinary timelines for PSD disclosure, as contemplated by Section V of the  Directive on Access to Information. Details of this deviation, and the Bank's  response to this situation, can be found on our website.  The operation will help to improve the housing situation in Poland, which was  recently exacerbated by the war on Ukraine and the inflow of Ukrainian refugees  to Poland.  The proceeds from the planned financing will be utilised to finance  in excess of 1,000 apartments for rent across four buildings.
RLF - GEN-I Commercial Paper Investment of up to EUR 13.4 million in the commercial paper ("CP") to be  issued by GEN-I DOO (the "Company" or "GEN-I"), an integrated supplier and  trader of electricity and natural gas, and provider of green energy services in  Slovenia and South-East Europe (the "Project"). The CP is a capital market  instrument and will be listed on the Ljubljana stock exchange.  The CP will support the Company's immediate liquidity needs due to working  capital requirements for its operations. The Project will improve the energy  security situation in Slovenia by supporting the liquidity needs of GEN-I.
Stax Technologies The proposed Project includes construction of new production facilities and  procurement of new production lines (assembly plant, machining workshop,  material cutting plant and a paint-shop). In addition, the Company will build a  300KW rooftop solar power plant, planned for the second half of 2022.  The investment will effectively increase the capacity of Stax Technologies by  over 70%, and will improve energy efficiency and productivity through partial  replacement of existing equipment and machinery. The new plant will be a  virtual replica of the existing one, but will operate the latest  state-of-the-art equipment, with much higher efficiency. The new production  buildings are designed to achieve Energy Performance Certificate of Class B  which is above the national requirement.  The overall objectives of the Project are good financial and operational  performance and on-time project implementation.
Magticom Telecomms - phase II Provision of up to USD 40 million senior Loan to MagtiCom, a leading telecoms  operator in Georgia. Proceeds to retroactively finance the acquisition of a  backbone service provider and regional Internet Service Provider in Georgia,  Deltacomm ("Delta").  Delta with its substantial backbone infrastructure and wide geographical  presence represents a strong strategic fit with the existing network giving  MagtiCom attractive opportunities for regional expansion into underpenetrated  areas. MagtiCom targets to enter 57 regions of Georgia to offer internet and  Internet Protocol television (IPTV) services. MagtiCom has received permission  for the acquisition from the regulator.
Sustainable Reboot SME - Komercijalna Banka Skopje Provision of a long-term senior unsecured loan of up to EUR 2 million to  Komercijalna Banka Skopje for on-lending to small and medium-sized enterprises  ("SMEs") in North Macedonia. The loan is envisaged under the Sustainable Reboot  SME Programme ("Reboot SME").  The loan is intended to provide financing for on-lending to local SMEs for  investments in high performance technologies and services in order to introduce  and implement EU and other international quality standards. At least 70 per  cent of the use of the proceeds is expected to be related to Green Economy  Transition ("GET") investments.
DFF-MK Group Loan The project consists of provision of EUR 25 million loan to be used for the MK  Group's ("Borrower", "Company") capital investments in its farming and sugar  operations in Serbia, as well as for debt refinancing.  The main objective of the project is to support the MK Group's equipment  modernisation and upgrade as well as to support the MK Group's resilience and  balance sheet strength.
EaP SMEC - Mobiasbanca Provision of a three-year senior unsecured loan of up to EUR 15 million to  Mobiasbanca - OTP Group ("Mobiasbanca") under the SME Competitiveness Programme  in the Eastern Partnership for on-lending to eligible  micro, small and medium  enterprises (MSMEs). The loan will be available in three tranches of EUR 5  million each. In addition to long-term financing, eligible sub-borrowers will  receive technical assistance funded by the European Union and grant support in  the form of investment incentives upon the completion of their investment  projects.   This project was approved in the context of the Bank's response to the  Covid-19 pandemic. To avoid delays to the delivery of this project, the Bank's  President granted a deviation from the ordinary timelines for PSD disclosure,  as contemplated by Section V of the Directive on Access to Information. Details  of the Bank's response to Covid-19 and this deviation can be found on our  website.  The SME Competitiveness Programme in the Eastern Partnership is a follow-on  facility of the existing FI DCFTA Blended Finance Programme (DCFTA), designed  for Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine to support  upgrades in micro, small and medium-sized enterprises (MSME) to European Union  (EU) standards. The proposed project will enable Mobiasbanca to extend loans  for investment purposes to local SMEs, financing upgrades of technology and  equipment necessary to meet EU standards in terms of product quality, health  and safety measures and environmental preservation and thus will help  businesses to become greener and more competitive.
Khan Bank VCF Loan A senior Value Chain Financing ("VCF") loan to Khan Bank of up to USD 15  million under the Financial Intermediary Framework ("FIF") for financing  private MSME clients in Mongolia.  The Project will channel long-term funding through one of the leading Mongolian  banks to local MSMEs that are part of value chains with larger counterparties  and thus will not only improve MSME access to finance but have a comprehensive  impact by improving the integration and resilience of the economy.
Participation in Tier 2 bond issued by NKBM d.d. Participation of up to EUR 50 million in a private unlisted Tier 2 subordinated  bond issued by Nova Kreditna Banka Maribor d.d. ("NKBM"), a joint stock company  established in Slovenia.  The Project supports (i) the Bank's Green Economy Transition ("GET") approach  in Slovenia via NKBM allocating all EBRD funds towards funding certified  commercial and residential projects, as well as renewable energy and energy  efficient projects which meet the GET eligibility criteria and (ii) capital  optimization of a systemic financial institution in Slovenia, in light of its  winning of the privatisation process of Abanka and its further organic  expansion.
Lantmannen Romania Provision of a EUR 90 million long-term loan to Lantmannen ek for (the  "Company") to support the Company's expansion of its operations in Romania  through investments in a new state of the art bakery in Romania.  The project will support enhanced energy efficiency measures at the new  production site and human capital development through an accredited training  and work placement programme.
Green Cities 2 W2 - Timisoara City Trams A loan of up to EUR 20.3 million (or RON equivalent) to the City of Timisoara  to support the City's priority public transport infrastructure alongside EU  co-financing under the relevant EU Regional Operational Programme 2014-2020.  The loan will support: (i) the renewal of the City's tram fleet,(ii) the  rehabilitation of the tram line, (iii) the update of the City's sustainable  urban mobility plan,  (iv) the improvement of public transport services in  Timisoara, and (v) the preparation of a Green City Action Plan.  By November 2023, the EBRD is extending the original loan to cover the cost  overruns associated with the original project and finance a new component:  acquisition of 44 electric buses. The amount of the loan extension is EUR 15.14  million.  The main purpose of the Project is to improve the e-mobility in the City and  its metropolitan area and reduce pollution caused by traffic congestion,  focusing on the modernisation of its public transport system.  To pursue the transition towards a greener future across all urban sectors,  the City also takes a strategic approach by joining EBRD Green Cities. With  this project serving as the City's "trigger" investment under the programme,  EBRD will support the City to develop a Green City Action Plan ('GCAP').
NBE- Green SME Loan II Provision of a senior unsecured loan to National Bank of Egypt ("NBE") of up to  USD 100 million.  The proceeds of the loan will be used for financing investments in climate  change mitigation and adaptation technologies across the industrial,  commercial, transport and agricultural sectors by local private sector Small  and Medium Enterprises ("SMEs"), in line with the standards and reporting  requirements for GEFF in Egypt.
Regional FW - BMCE Bank - 2 A loan of up to EUR 10 million to BMCE Bank for on-lending to private sector  borrowers for sustainable energy investments. A first tranche of EUR 5 million  has already been approved and signed (opid 50620).  Provision of a loan of up to EUR 10 million to Banque Marocaine de Commerce  Exterieur ("BMCE") for on-lending to private sector borrowers (including SMEs)  for sustainable energy investments.
Mekhlopat Project The provision of a senior secured loan of up to € 2 million (or its equivalent  in US dollars) to Mekhlopat, a supplier of consumables, equipment and  engineering services to mining and energy sectors in Mongolia, for working  capital purposes.  The proposed transaction will support Mekhlopat's need for increased liquidity  and its resilience following the Covid-19 outbreak. In addition to financing  the liquidity needs, the EBRD also will also bring advisory support to the  Company to improve its business and financial standards.
Alpha Associates CEE IV The proposed project is a private equity fund (the "Fund") with a target size  of EUR 100 million and a maximum size of EUR 200 million. The Fund will  purchase interests in existing private equity funds in the secondary market and  make selective direct investments into companies alongside reputable and  experienced lead investors. The Fund's regional focus will include the  countries of Central and South-eastern Europe, Eastern Europe and the Caucasus,  Central Asia, Russia and Turkey.  The Fund will provide (i) a vehicle for investors to access secondary interests  in private equity funds and will increase the ability of these funds to access  capital; (ii) it will provide capital, directly and indirectly, to companies in  the Region.
Agricover Credit IFN This project was approved as part of the Bank's response to the COVID-19  pandemic. To avoid delays to the delivery of this project, the Bank's President  granted a deviation from the ordinary timelines for PSD disclosure, as  contemplated by Section V of the Directive on Access to Information. Details of  the Bank's response to COVID-19, and this deviation, can be found on our  website.  EUR 5 million unsecured multicurrency (EUR or RON) loan  to Agricover Credit  IFN SA under the Resilience Framework.  The project will strengthen the company's funding position and will allow it  to: i) pursue growth strategy aimed at assisting smaller farmers; ii) continue  providing support to agri-business SME clients and thus reduce the risk profile  of the end-borrowers. The EBRD financing will provide Agricover Credit IFN with  additional comfort supporting its lending plan to the agribusiness SMEs in  Romania.
EL TO Zagreb Upgrade Project An A/B loan of EUR 100 million to Hrvatska Elektroprivreda d.d. (HEP),  Croatia's national energy company. The EBRD's portion of the proposed  syndicated loan will be up to EUR 50 million.  Proceeds of the loan will be used to finance the construction of a new gas  fired combined heat and power (CHP) unit based on best available technique for  a gas turbine cogeneration scheme on the site of the existing combined-cycle  power plant EL-TO in Zagreb. The new unit will be in line with the requirements  promoted by the EU Industrial Emissions Directive (IED) and the EBRD's energy  strategy.  The new CHP will partially replace some of the old and inefficient units at  EL-TO, which also have a poor environmental performance and do not comply with  the IED directive, which will become mandatory for all EL-TO units on 1 January  2018. The new unit will be built under an engineering procurement construction  contract with a qualified contractor and equipment supplier. The existing EL-TO  plant is the crucial provider for district heating in Zagreb, serving almost  80,000 households and a significant number of commercial customers in the  western part of the city. The construction of the new CHP unit will ensure the  security of electricity, district heating and industrial steam supply for a  significant portion of Croatia's capital.  The loan proceeds will predominantly be used for the financing of construction  works and the installation of the required equipment, all of which will be  procured under the EBRD's procurement policies and rules. In order to secure  the adequate implementation of the project, the Bank will require the  establishment of a project implementation unit by the Borrower, which will be  responsible for the timely implementation of the investment.  The lender's supervisor will be required to approve all invoices prior to the  disbursement of the EBRD loan proceeds.