devinitorg/iati-policy-markers huggingface dataset:
Istanbul Metro Project II A syndicated A/B loan of up to EUR 97.5 million ("Original Loan") was provided  to Istanbul Metropolitan Municipality ("IMM" or the "City") to co-finance the  first tranche of the construction of 13 kilometres of the new  Umraniye-Atasehir-Goztepe Metro line (the "Project"), including 11 stations in  August 2019. In October 2022, an additional loan of EUR 75 million ( "First  Extension") was provided to finance the funding gap.  EBRD is now contemplating to provide another EUR 75 million ("Second  Extension") to finance the remainder of the funding gap in the Project to  ensure its completion.  The Project is essential for further expansion of public transport  infrastructure in Istanbul and will connect Umraniye, Atasehir and Kadikoy  districts of the Asian side of Istanbul. It will also link up the underground  Marmaray commuter rail line and the Kadikoy-Kartal and Uskudar-Sancaktepe metro  lines. The new line will provide safer and more reliable transport services for  350,000 passengers daily. The Project is also expected to significantly reduce  high traffic congestion and noise pollution. It will also help achieve a shift  to a more environmentally friendly transport in Turkiye's largest city.
Alu Menziken - Working Capital Provision of a secured working capital facility of up to EUR 5 million to  support the Company's operational activity and assist the company in  succesfully procuring raw materials in a timely manner at the time of recovery.  The Project was approved under 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 the EBRD website.  Null Value
City of Lviv emergency liquidity loan under RLF A senior loan of up to EUR 25 million consisting of EUR 15 million committed  ("Tranche 1") and EUR 10 million uncommitted financing ("Tranche 2") to provide  emergency liquidity support to the City of Lviv (the "City") and key municipal  utilities/operators - existing clients of the Bank ("Recipients") in order to  mitigate the effect of the ongoing war on the City's financial position (the  "Project" or the "Facility").  The proceeds of the Bank's investment will be used for liquidity support to the  City to provide support to the City itself and key municipal companies,  existing clients of the Bank (Recipients) - to compensate for temporary revenue  losses (in particular capital revenues) and additional expenses due to the  ongoing war related issues and support the City's vital municipal  infrastructure providers with the day-to-day running costs (payroll, etc.),  operating and maintenance costs, servicing the debt under existing projects  with the EBRD (if required).  The Project is consistent with the "War on Ukraine - EBRD Resilience Package".
Syntaxis New Europe Fund III An equity investment of up to EUR 30 million in Syntaxis New Europe III (the  "Fund"). The Fund is a follow-on fund to Syntaxis Mezzanine Fund I and II. EBRD  has been an investor in both previous funds.  The Fund will seek to realise long-term capital gains through the provision of  debt financing with associated equity upside to growth-oriented small and  medium sized enterprises in Poland and other Central and South Eastern European  countries.
Port of Bar Privatisation A senior corporate loan to Port of Adria, formerly known as Container Terminal  and General Cargo, in the amount of up to EUR 20 million in an A/B loan  structure, to co-finance capital expenditure and labour restructuring  privatisation commitments.  The project aims to support the sponsor in fulfilment of its privatisation  commitments, in particular with regard to its investment and social programmes.  It facilitates investments in port infrastructure by the private sector in line  with best European industry norms in terms of regulation, operational practice  and service provision, allowing the company to operate on a transparent and  commercially viable basis.
Belaruski Narodny Bank LCY loan II The provision of a senior unsecured local currency loan of up to BYN 10 mln  (US$ 4 mln) to Belarusky Narodny Bank ("BNB-Bank") for on-lending to local  private micro, small and medium-sized enterprises ("MSMEs"). This project is in  line with Belarus country strategy, which is prioritising access to finance for  the private sector as well as the promotion of local currency lending in the  country.  The Project will assist BNB-Bank in mobilising longer-term wholesale funding in  local currency, which will help to diversify the bank's funding base and expand  local currency lending to private MSMEs in Belarus.  The Project will promote local currency lending in Belarus thus supporting  the development of the domestic capital market in the country and  de-dollarisation of the economy as well as fostering a more stable financial  environment.
Georgian Renewable Power Operations - Green Bond USD 13.8 MM subscription in the USD 80 MM 5-year secured green bond (the "Bond "), to be listed on the Georgian Stock Exchange, issued by JSC Georgian  Renewable Power Operations ("GRPO"), one of the leading renewable energy  platforms in Georgia, which is 100% indirectly owned by JSC Georgia Capital, (" GCAP"), a holding company of a diversified group of businesses operating in  healthcare, insurance, beverages, power &amp;amp; utilities and real estate in Georgia.  The project is the first green bond to be issued on the Georgian Stock  Exchange.  The Bond proceeds will be applied to refinancing the shareholder loan provided  by GCAP for redemption of JSC Georgia Global Utilities' USD 250,000,000.00  7.75% Eurobond, which took place in September 2022.
Eurohold CEZ Acquisition and Modernisation Up to EUR 60 million senior loan to Eastern European Electric Company B.V., the  fully owned subsidiary of Eurohold Bulgaria AD.  The proceeds of the loan will be used to finance Eurohold's acquisition of the  CEZ group's electricity assets in Bulgaria as well as CEZ Razpredelenie  Bulgaria AD's 2022-2024 digitalisation and distribution network upgrade  programme.
Enguri HPP Climate Resilience Upgrade The Project aims to make improvements to Enguri HPP to alleviate critical power  shortage in Georgia at a low cost and to enhance the environmental benefits of  the Enguri Hydro Power Plant facility.  The Project generally aims at  - increasing the availability of non-polluting renewable energy in the  country; and - improving operational safety of the Enguri power facility.  The loan extension proposed for consideration in the fourth quarter of 2017 and  the loan increase proposed for consideration in the fourth quarter of  2019, will be targeting further improvements to the reliability and operational  performance of the Enguri power plant through a rehabilitation programme for  the Enguri headrace tunnel and penstock. The Project will also finance  rehabilitation of Enguri switchyard, Vardnili II spillway gates, Enguri river  diversion weir and access road, together with implementation of sedimentation  management plan and improved operational procedures to promote resilience to  climatic variability and climate change.
Hilli Gaplama Project The provision of a senior loan of up to US$ 2.7 million to support the  expansion of a strawberry greenhouse owned by ES Hilli Gaplama, a limited  liability company registered in Turkmenistan. The increased greenhouse will  annually yield 300 tonnes of berries vs. 58 tonnes, which are expected to be  harvested in 2020. The Project will be implemented in two phases.  The project will enable ES Hilli Gaplama to increase its output, improve its  operational efficiencies and increase its market share.
Green Cities 2 W2 - Kyiv District Heating € 140.0 million loan to Communal Enterprise "Kyivteploenergo" (Company), split  into two equal tranches, to finance critical rehabilitation and modernisation  of the district heating infrastructure in the city of Kyiv.   The project is a part of the Green Cities Framework 2 designed to serve as a  sector-wide catalyst for addressing environmental challenges in municipalities.  The Project aims to provide sustainable and efficient operation of the existing  combined heat and power plants and boiler houses in the city of Kyiv, improve  the reliability of heat transportation, address other critical challenges in  rehabilitating and modernizing the city's district heating system, enhance the  quality of heat and hot water services to residential and non-residential  customers and improve the Company's operational and financial performance and  capacity.
Zubr Capital Fund I The EBRD is making an equity commitment of up to USD 25 million in Zubr Capital  Fund 1 LP (the "Fund"), a Jersey limited partnership. The Fund is targeting USD  100 million of capital commitments.  The Fund will predominantly make minority equity investments into  medium-sized companies in Belarus.  The Bank's participation will help the fund, a first in the country,  achieve its first closing.
Expert Petroleum The Project introduced debt financing to Expert Petroleum SRL (the "Company"),  an oil field services company established in Romania, specialised in the  enhancement of mature oil and gas fields. The Project contributed to the  development of the market and supported the success of the Production  Enhancement Contracts, while optimising its capital structure and investing  into energy efficiency upgrade and production enhancement projects.  The project also ensured adherence to strict environmental, energy-efficiency  and social standards. The Company has fully implemented the Environmental and  Social Action Plan on time and obtained the ISO 5001 certification.
ERB Greece bail-in sub debt (project Nephele III) On 28 April 2021, the EBRD invested EUR 50 million (10% participation) in a  senior preferred bond issued by Eurobank S.A. ('ERB') as a part of a public  benchmark issuance of EUR 500 million listed on the Luxembourg Stock Exchange.  On 7 September 2021, the EBRD invested another EUR 27 million (5.4%  participation) in the second senior preferred bond issuance of ERB under the  same programme.  On 29 November  2022, under the same programme, the EBRD invested EUR 10  million (3.3% of the issuance amount) in subordinated ('Tier 2)' bonds issued  by Eurobank Ergasias Services and Holdings S.A. ('ERB Group')  as part of a  public issuance of EUR 300 million to be listed on the Luxembourg  Stock  Exchange. The bonds have a 10 year maturity with a call option on the fifth  year (10NC5 structure).  The project supports the resilience and regulatory compliance of a systemically  important institution in the country and contributes to the capital market  development of Greece. The project also aims to support strong green targets  with 150% of the EBRD's investment to be allocated to finance green projects in  line with EBRD's Green Economy Transition ("GET") eligibility criteria.
OEDAS Electricity Distribution Provision of up a senior loan up to the TRY equivalent of USD 50 million to the  Osmangazi Elektrik Dagitim A.S (OEDAS, the company or the borrower), the  electricity distribution company of the Osmangazi region in inner western  Anatolia, Turkey. The company is owned by Zorlu Enerji Elektrik Uretimi A.S.  (Zorlu Enerji) through a subsidiary, Zorlu Osmangazi Enerji Sanayi ve Ticaret  A.S. (Zorlu Osmangazi), and serves around 2.79 million people.  The transaction is part of an up to c. USD 350 million financing in TRY for  investments required by the Energy Market Regulatory Authority (EMRA, the  regulator) for the 5-year regulatory period between 2021 and 2025 (the  project). The project will be financed with USD 350m debt (the financing) to be  provided by the EBRD along with a group of international financial institutions  and commercial banks.  The proceeds of the financing will be used to fund the capex programme for the  4th regulatory period covering investments scheduled for the years 2021-2025,  which amount to c. USD 380 million in total. These include the upgrade,  modernisation and expansion of the distribution network in the Osmangazi  region, reduction of distribution losses, enhancing environmental and safety  standards, improving efficiency and reliability of supply by enhancement of  smart metering and smart grid systems to support network digitalisation.
DCFTA - TBC SME Facility A financing package up to US$ 100 million in two equal tranches denominated  in local currency for TBC Bank consisting of three transactions: up to US$ 60  million equivalent in Georgian Lari credit line to assist local Small and  Medium Enterprises (SMEs) comply with DCFTA requirements; up to US$ 20 million  equivalent in Georgian Lari Women in Business (WiB) financing programme to  support small and Medium-Sized Enterprises (SMEs) run or managed by women and  up to US$ 20 million equivalent in Georgian Lari credit line for on-lending to  local Small and Medium Enterprises (SMEs).  The financing package will enable TBC Bank to develop its lending programmes  countrywide in the respective business segments, providing essential support  for longer-term financing in local currency to SMEs.
Eurobank bonds issue Greece The EBRD invested EUR 50 million (10% of the issuance amount) in senior  preferred bonds issued by Eurobank S.A. ('ERB') , as part of a public benchmark  issuance of EUR 500 million to be listed on the Luxembourg  Stock Exchange's  EURO MTF market. The issuance was marketed mainly to international  institutional investors. The bonds have a 6-year maturity with a call option on  the fifth year. This transaction marks Eurobank S.A.'s return to international  capital markets, with its first senior unsecured bond issuance since 2014.  The project supports the resilience and regulatory compliance of the fourth  largest bank in Greece, a systemically important institution in the country and  contributes to the capital market development of Greece. The project also aims  to support strong green-impact targets with 150% of the EBRD's investment to be  allocated to finance green projects in line with EBRD's Green Economy  Transition ("GET") eligibility criteria.
Alpha Bail-in Senior Preferred (Aphrodite V) The EBRD invested EUR 10 million in a EUR 450 million Senior Preferred ("SP")  bond issued by Alpha Bank S.A. ("Alpha"), a commercial bank incorporated in  Greece, in December 2022. The SP bonds have a maturity of 4.5 years, with an  embedded issuer call option after 3.5 years, and are listed on the Luxembourg  Stock Exchange. This follows previous investment the EBRD made in 2022 in Alpha  Bank's earlier issuance of MREL-eligible SP bonds in October 2022.  The Project boosts the resilience of a systemic bank in Greece in the context  of MREL requirements phasing in at EU level and supports the bank in  re-establishing its regular access to capital markets with unsecured  instruments. Furthermore, the EBRD promotes resource efficiency in the country  by requiring Alpha Bank to allocate funds in the amount of 1.5 times of EBRD's  subscription to finance green investments in renewable energy and energy  efficiency.
KR Water Framework:Jalal-Abad Water II Sub-Project The provision of a sovereign loan of up €4 million to finance the second stage  of the Jalal-Abad water and wastewater rehabilitation project in the Kyrgyz  Republic. The proceeds of the sovereign loan will be on-lent to the City of  Jalal-Abad (the "City") for the benefit of the municipal water and wastewater  company "Vodokanal" (the "Company") and be used to finance further critical  water and wastewater investments in the City including the rehabilitation of  water and wastewater networks, metering, the construction of a new waste water  treatment plat (WWTP) and the procurement of laboratory equipment.     The financing plan also includes an investment grant of € 4.0 million from  the EBRD Shareholder Special Fund ("SSF") to facilitate the implementation of  the project. The project will also benefit from a € 125,000 grant from the EBRD  Water Fund to finance modernisation of the water laboratory in Jalal-Abad.   The Project will also support the City in developing and adopting a targeted  social support programme for low income customers. Project-funded Stakeholder  Participation Programme ("SPP") will further enhance awareness among the  population and strengthen formal communication channels between the City, the  Company and the population on water and wastewater-related issues.  1.       Rehabilitation of the water supply and wastewater infrastructure in  the City of Jalal-Abad; and 2.       Improvement of the Client's financial and  operational management.
Adnan Polat Enerji Yatirimi A.S. Up to USD 100 million senior loan with 9-year tenor (the "Loan") to Adnan Polat  Enerji Yatirimi A.S. (the "Borrower", the "Company" or "APEY"), a renewable  energy company 50/50 owned by the Turkish group Polat Holding A.S. ("Polat  Holding") and Maxis Girisim Sermayesi Portfoy Yonetimi A.S ("Maxis"), a  subsidiary of Is Yatirim Menkul Degerler A.S. (together the "Sponsors").  The proceeds of the Loan will be used to refinance the existing debt of the  Borrower`s subsidiaries (the "Project"). The Project will enable new renewable  energy investments of ca.200MW and potentially integrated energy storage  facilities until 2025 by reducing APEY's debt exposure and thereby  strengthening APEY's balance sheet.
Mid Sustainable Energy Efficiency Loan  III - TSKB The loan agreement is signed to provide up to USD 85 million financing to  Turkiye Sinai Kalkinma Bankasi ("TSKB") under the Turkey Mid-Size Sustainable  Energy Financing Facility III ("MidSEFF III") for on-lending to private sector  borrowers for renewable energy ("RE") and resource efficiency ("ResE")  investments.  MidSEFF III builds on the success of MidSEFF &amp;amp; MidSEFF II and is aimed at i)  increasing financiasl intermediation for RE and ResE investments to close these  sectors' remaining financing gaps in Turkey, ii) improving the Participating  Financial Institutions (PFIs) skills in technical assessment of a broader set  of technologies, and iii) increasing the PFIs' knowledge of relevant EU  environmental &amp;amp; social requirements and standards in assessing mid-size RE and  ResE investments.
Donalam 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 project consists of a working capital loan of up to EUR 5 million for a  tenor of 2 years to finance the company's working capital needs.  The objective of the financing is to fill liquidity gaps at borrower level from  expected lower sales in the coming months due to Covid-19 impact, as well as  address net working capital need caused by payables volatility following the  company's business cycle and higher spikes in cash needs linked to the current  context.
Titan 2027 Eurobond The EBRD has subscribed the amount of EUR 15 million to the 7-year, EUR 250  million senior unsecured Eurobond (the "Bond") issued by Titan Global Finance  Plc  (the "Issuer" or "TGF"), the finance arm of Titan Group. Titan Cement  Company SA ("TCC") incorporated in Greece and its parent company Titan Cement  International SA ("TCI") incorporated in Belgium are the guarantors of the  Notes ( the "Guarantors").  The Bank's proceeds will be used for the partial refinancing of the Titan  Eurobond maturing in June 2021.
JGL - Jadranski Galenski Lab. The EBRD is providing a long-term working capital loan of up to EUR 20 million  to the Jadran Galenski Laboratorij d.d., a Croatian pharmaceutical company.  The Company is currently implementing an investment programme, aimed at  significant increase of its production capacities. The EBRD financing is  focused on the provision of the long term working capital which will enable the  full capacity utilisation of a modern production facility.  Given the specifics of the Client's key markets (CIS region accounting for  more than 60 % of the revenues), EBRD is uniquely positioned to cater to the  Company's working capital needs and provide a multicurrency credit line.  The proceeds of the EBRD loan will help the Company in: (i) providing working  capital with adequate tenor and currency during the Company's expansion period,  (ii) optimising the financing structure, (iii) decreasing financial risk and  strengthening the risk management operations.  Null Value
Regional SME CSP -  PCBA Provision of a senior unsecured loan of up to EUR 3.0m to ProCredit Bank  Albania ("PCBA") under the Regional SME Competitiveness Support Programme  ("CSP").  The Loan is envisaged to provide financing for on-lending to local SMEs for  investments to upgrade production facilities and comply with various EU  Directives in the field of environmental protection, workers' safety and  product quality and safety and become competitive. Support to SMEs is tailored  as a combination of access to finance with TC and non TC assistance. At least  60% of the use of proceeds will go towards financing GET-eligible investments.
Arad Urban Rehabilitation and Parking Management A senior loan of up to EUR 20 million to the City of Arad ("the City"), an  existing client, located in the western part of Romania. The loan will finance  investments in the city's urban mobility plan, with a specific focus on parking  management systems and related investments.  This project is proposed under Romania: Sustainable Mobility and Access to  Road Transport Framework ("SMART") which was approved by the Board on 25  November.  This project focuses on implementation of a modern, integrated parking  management system and associated investments. In addition, it will enable the  city to: (i) set up and enforce a parking regulation system; (ii) improve  transport operations in the metropolitan area with some support from the Bank;  (iii) participate in a benchmarking programme for the urban transport sector.
Koudia Al Baida Wind Farm The provision of a senior debt financing of up to € 44 million, in addition to  a subordinated loan of up to € 5.7 million in local currency equivalent, to  finance the repowering of a 50MW wind farm located in the region of Tlat  Taghramt near Tangier in northern Morocco. The Project will be the first  repowering project in the region and will increase the wind farm capacity to  100 MW.  The Project will further promote public-private partnerships in the Moroccan  power sector and increase the share of renewables in the energy mix in line  with the country's green energy transition agenda. The Project is expected to  further reduce Morocco's reliance on costly hydrocarbon imports and will result  in substantial emissions reduction of over 300,000 tonnes CO2 per year.
Port of Tallinn Initial Public Offering A participation in the Initial Public Offering (IPO) of the Port of Tallinn on  the Nasdaq Tallinn Stock Exchange.  The Project will support improved transparency and efficiency of the issuer and  development of the local capital market.
Western Balkans GEFF II - PCBA Provision of a senior unsecured loan of up to EUR 3.0m (the "GEFF Loan") in  three equal tranches of EUR 1.0m (second and third tranches will be  uncommitted), under the Western Balkans Green Economy Financing Facility II (WB  GEFF II).  The loan is envisaged to provide financing for on-lending to the residential  sector (individuals, housing collectives, producers, vendors of green  technologies, and service providers) for investments supporting Green Economy  Transition ("GET") in Albania. The transaction will, thus, support investments  in high-performance green technologies, materials and solutions undertaken in  privately owned residential dwellings or buildings.