devinitorg/iati-policy-markers huggingface dataset:
Sirma AI EAD equity investment Up to EUR 7 million equity co-investment in a minority stake in Sirma AI EAD  ("Ontotext", the "Company"), a limited liability company incorporated in  Bulgaria. The EBRD will invest alongside Portfolion Regionalis Magantoke Alap  II ("Portfolion") and Atanas Kiryakov, the CEO of Ontotext, to acquire a  minority stake from Sirma Group Holding JSC.   The investment comes in the context of a recently completed controlling stake  buyout by New Frontier Technology Investment SARL ("NFTI", "LuxCo"), a special  purpose vehicle established in Luxembourg and controlled by a consortium led by  Integral Venture Partners ("IVP"), a private equity and growth equity firm with  a focus on SMEs in TMT, consumer, healthcare, and industrial sectors in  emerging Europe. NFTI's investment was in excess of €30 million. EBRD is an LP  in Evolving European Principal Investments I fund (DTM #49503) managed by IVP  * Revenues growth to increase 3-4x from €5-10 million   * Increase annual recurring revenue's share to up to 90%   * Pivot to a sales/commercial &amp;amp; R&amp;amp;D driven business from current  research-minded organization, focusing on (i) verticalization (Life sciences  and Financial services) of product development and changing sales and marketing  approach, and (ii) further developing the indirect channel (OEM, consulting  partners and global IT service providers)
RLF - RLG - OTP Leasing 2023 A Resilience and Livelihoods Guarantee (RLG) in the form of an unfunded  risk-sharing instrument covering up to 50 per cent of the credit risk in newly  originated sub-leases with the total value of €80 million equivalent (the  "Covered Portfolio") to be originated by OTP Leasing in Ukraine subject to  total 50 per cent portfolio cap.  The Project will include a sub-limit under the SME Competitiveness Programme  in the European Union's (EU) Eastern Partnership ("EaP SMEC" sub-limit,  assigned with a separate EBRD project number 54684) of EUR40 million or 50% of  the Covered Portfolio, to finance long term capital investments of micro-,  small-, and medium sized enterprises (MSME) to upgrade their technologies and  equipment to EU standards, including investments in sustainable and green  technologies (70% of EaP SMEC sub-limit), thereby enhancing businesses'  competitiveness. Eligible sub-borrowers will also receive technical assistance  funded by the EU and grant support in the form of investment incentives upon  the completion of their investment projects.  The facility will be used to support lending to Ukrainian private companies  (predominantly micro-, small-, and medium sized enterprises) operating in the  primary and secondary agriculture and other critical industries (inter alia  food processing, retail, logistics), with the ultimate goal of preserving  livelihoods in Ukraine.
Kazakhstan  Women in Business   - MFO Arnur Credit -  Women in Business  loan II The provision of a senior unsecured loan of up to US$ 4.0m (€3.4m) in KZT  equivalent to Arnur Credit - a private microfinance organisation based in  Kazakhstan. The loan will be provided under the KazWiB (Women in Business  programme)  The aim of the loan is to promote women's entrepreneurship and access to  finance, and more broadly women's participation in business, through the  development of a strong Women in Business SME sector in Kazakhstan, by  facilitating access to finance and advice for women-led MSMEs. The loan will be  complemented by the development of sustainable credit mechanisms targeted at  women-led MSMEs through technical assistance to Arnur Credit; and technical  support for women-led MSMEs in accessing know-how, business development tools  and networking opportunities.
Samarkand Solar Revolving Facility A revolving facility to finance quarterly VAT payments during the  construction of 220 MW solar power project in the Samarkand region of  Uzbekistan.  The project will contribute to the strategic priority of the government of  Uzbekistan to  increase the share of renewable projects in the national energy  mix. It will contribute to the mitigation of climate change impact by adding  220 MW of solar generation capacity to the national energy system and will  assist the country in its low-carbon transition drive.
Enerjisa Enerji Capex Loan Senior unsecured loan of up to USD 110 million equivalent in TRY to Enerjisa  Enerji A.S. (the "Borrower" or the "Company").  Enerjisa Enerji is an existing client of the Bank operating electricity  distribution and electricity retail business in Turkiye serving a quarter of  Turkiye's population.  Through its subsidiary Enerjisa Musteri Cozumleri and  Esarj, the borrower operates EV Charging station networks and provides  distributed energy business services.   Enerjisa Enerji operates as a JV between Sabanci Holding and E.ON, each  holding 40%. Remaining 20% is free float on Borsa Istanbul.  The transaction will help the Borrower to expand EV charging infrastructure  network and distributed energy business (mostly small and medium scale solar)  and implement 2021-2025 regulatory period electricity distribution network  capex investment plan.
Synthos Eurobond EBRD is supporting innovation in Poland's chemical sector by investing €50  million in Synthos S.A.'s tap offering of 4.00% Senior Notes due 2021.  Proceeds from the EBRD's investment will support capital expenditures of  Synthos including the construction of the rubber production facility  (styrene-butadiene rubber and poly-butadiene rubber), with a capacity of 90,000  tonnes per year, adjacent to premises of Synthos rubber plant in Poland, as  well as research and development (R&amp;amp;D) activities of Synthos.  Null Value
Tersan Floating Dock The EBRD signed a senior loan of up to USD 21 million, which will include USD  1.5 million under the Near Zero Waste Programme, to Tersan Tersanecilik  Tasimacilik Sanayi ve Ticaret A.S. to finance the construction of a new  floating dock for servicing, retrofitting and repairing of commercial maritime  vessels near Istanbul, Turkey. Total project costs are estimated at USD 31.4  million.  The primary purpose of the project is the strengthening of Tersan's service  offering and the expansion of the Company's activities in the maritime vessel  maintenance industry in Turkey .  Tersan will replace an existing leased dock with the planned investment.  Construction of the floating dock will enable Tersan to expand its operations  into Panamax sized vessels, providing much needed capacity for the sector.  Tersan is also committed to introducing several state-of-the-art waste  minimisation technologies, such as ultra-high-pressure hydroblasting, which is  considered one of the most environmentally friendly cleaning techniques in the  industry. The new dock will also enable Tersan to increase its service offering  for maintaining ships, retrofitting them to run on liquefied natural gas as  fuel and installing ballast water treatment technology.
Saiss &amp;amp; Garet water conservation project Provision of a sovereign loan of up to EUR 150 million in favour of the Kingdom  of Morocco (the "Country") to co-finance: (i) the construction of key  components of the Saiss water transfer network comprised of the main  distribution pipeline as well as the primary and secondary distribution  networks (the "Saiss II" component); and (ii) the rehabilitation and  modernisation of the water distribution network and full conversion to drip-fed  watering system in the Garet perimeter (the "Garet" component), (altogether,  the "Project").  The Saiss II component is part of a staged programme to preserve the Saiss  aquifer and promote sustainable water management within the Saiss plain. As  part of this programme, the Bank has approved a sovereign loan of up to EUR 120  million and mobilized grant financing of EUR 30 million from the Green Climate  Fund (the "GCF") to finance the construction of a 135 km (a 45 km section of  the main transfer pipeline with a total length of 62 km outside the Saiss plain  and a 90 km main distribution pipeline within the Saiss plain) water transfer  pipeline from the M'Dez dam to the boundary of the Saiss perimeter (Saiss water  conservation project  or the "Saiss I").  The key objectives of the Project are (i) to enable the switch from  unsustainable groundwater abstraction from the Sebou/Saiss basin to the use of  more sustainable and climate resilient surface water resources from the M'Dez  dam, which will contribute to the restoration of the Saiss aquifer and to the  climate resilience of the Saiss plain and(ii) to rehabilitate and modernize the  water distribution network in the Garet plain to facilitate a full shift to a  more sustainable and efficient drip system to mitigate the adverse impacts of  the current and future water scarcity.  The Project will be supported by a comprehensive TC package to facilitate  effective implementation and monitoring of the Project and to provide capacity  building for local beneficiaries, including targeted activities to encourage  women beneficiaries' economic participation.
Euroventures Technology &amp;amp; Growth Fund An equity investment in favour of Euroventures V Technology and Growth Fund  Cooperatief UA (the "Fund"). The project will form part of the Bank's  Early-Stage Innovation Facility, a EUR 100 million facility through which the  EBRD selectively invests in commercially-oriented early-stage venture capital  funds.  The Fund will make equity and equity related investments in technology based  early and growth-stage MSMEs primarily in Hungary, but also across central and  eastern Europe, with the objective of achieving long-term capital appreciation.
Shinhan Bank SME Loan The EBRD is providing a 5 year senior loan to Shinhan Bank Kazakhstan in the  amount of USD 15 million in KZT equivalent.  The financing will be used for on-lending to eligible private micro, small and  medium sized enterprises (MSMEs) in Kazakhstan.
CMT HSE Loan Project The EBRD is providing a long-term loan of up to EUR 28 million to Compagnie  Miniere de Touissit ("CMT"), a mining company listed on the Casablanca stock  exchange, to finance its mining operations at the Tighza mine, located in North  East Morocco.  The Project supports a mine modernization plan with procedures and  infrastructure upgrade, including the construction of a new shaft in the main  vein of the Tighza mine and important improvements in health, safety and  environment ("HSE") management at the mine. Such Project at completion will  significantly improve the underground mining infrastructure, working conditions  and increase productivity.
Batken Water Sub-Project The EBRD is supporting the Batken Water Sub-Project. The EBRD would extend a  sovereign loan of up to €1.5 million to the Kyrgyz Republic, to be transferred  to Batken City for the benefit of the Batken Water Company for improvement of  water supply and selected wastewater services.  The EBRD will also seek an investment grant from an international or  bilateral donor of €2.5 million to co-finance implementation of the sub-project  which will address water and wastewater infrastructure rehabilitation needs.  This support will be extended under the existing EBRD sovereign framework of  up to €20 million, established by the Bank to co-finance with international  donors priority water and wastewater rehabilitation sub-projects across the  Kyrgyz Republic. The framework envisages sovereign loans that would be  transferred to the cities for the benefit of the water companies involved and  would focus on urgently needed water and wastewater infrastructure investments.  The overall objectives of this sub-project are to: (a) rehabilitate the water  supply and selected wastewater improvements; and (b) improve financial and  operational management.  Null Value
Ulaanbaatar Darkhan Road Provision of a loan of up to USD 157 million (EUR 137.7 million) to the state  of Mongolia to finance the expansion of a 202 km road in the north of Mongolia  from Ulaanbaatar to Darkhan, the country's second-largest city. The road from  Ulaanbaatar to Darkhan is an important artery of the Mongolian road network and  also part of the China-Mongolia-Russia economic corridor. The current road is  narrow, patchy and does not allow for the necessary traffic throughput. It is  also dangerous, with at least 10 accident black spots seeing 20-150 accidents  each per annum. In addition, some sections of the road were damaged by flooding  in 2018. The new project forms Phase II of the reconstruction works and covers  the widening of the road to 4 lanes. Phase I works, funded by a loan from the  Asian Development Bank's (ADB), comprises the reconstruction of the existing  2-lane road.  The original loan of up to USD 137 million was approved by the Board on 11  December 2019.  The additional loan of up to USD 20 million to be approved by the Board on 23  February 2022 and is purported to finance the additional costs, stemming from  the need to structurally align Phase I and Phase II.  The goal is to increase the road capacity to be able to accomodate demand for  both domestic and international journeys. Road safety and climate resilience  will be improved substantially.
Southbridge Europe Mezzanine The proposed transaction is for an investment of up to EUR 10 million in  SouthBridge Europe Mezzanine S.C.A. SICAR (the "Fund"), a 'Societe  d'Investissement en Capital a Risque' investment vehicle registered in the  Grand Duchy of Luxemburg. The Fund will make quasi-equity and mezzanine  investments primarily in small and medium enterprises ("SMEs") in Greece.  The project will contribute to an improved availability of growth capital to  the underserved SME segment in Greece in an environment where little growth  financing is available for this important segment of the economy. The project  will back a first time independent team, helping to re-build local private  equity and mezzanine capacity following the post-financial crisis drought in  institutional fundraising in the Greece.
Hussein Thermal Power Station Repowering/Zarqa A senior project finance secured loan of USD 75 million to Zarqa Le Tawleed Al  Takah Al Kahrabaieyah  to finance the construction of a 485 MW combined cycle  gas turbine (CCGT) power plant in Zarqa, 40 km north-east of Amman, Jordan (the  Project). The Project will replace the now obsolete 351 MW Hussein Thermal  Power Station (HTPS).  The Project will provide vital energy capacity to Jordan and is of strategic  importance for the energy security of the country.
Nibulon Trade WC Finance A funded participation for up to EUR 25m equivalent in USD (the "EBRD  Participation") in a three year syndicated revolving working capital facility  of up to USD 100m (the "Facility") to Nibulon S.A. (the "Borrower") arranged by  ING. The Facility will be in the form of a senior secured three year committed  revolving loan to finance seasonal working capital needs associated with the  trading operations of Nibulon Group.  The EBRD Participation will support Nibulon Group in: i) assessing climate  risks and impacts of its operations; ii) developing climate strategy, with a  corporate climate governance enhancement action plan; and iii) continued  development and maximise utilisation of river logistics networks.
IC Ictas Renewable Energy An equity investment, in the form of capital increase, in Ictas Yenilenebilir  Enerji Uretim ve Ticaret A.S. , an existing renewable energy entity with a  portfolio of operational renewable power generation assets only. The portfolio  of the investee company consists of circa 400MW of operational hydro power  plants and numerous renewable projects in the pipeline. The investee company  will be controlled and majority-owned by its parent company, IC Ictas Enerji  Yatirim Holding.  Support the development and construction of new renewable power generation  projects located across several regions of Turkey.
Serbia Cargo Rolling Stock Renewal Provision of a sovereign guaranteed loan in the amount of up to EUR 43 million  to Serbia Cargo ("SC"). The loan will finance procurement of new locomotives,  wagons and overhaul of freight wagons.  The Project will support both the development of the Serbian cargo railway  transportation sector through the modernisation of the cargo rail fleet. It is  expected to have a significant effect on the quality of cargo services, its  competitiveness, useful life of the fleet and, ultimately, growth of rail cargo  transportation in the country. By enabling the modal shift from road-based  transport to cargo rail transportation and by replacing old inefficient rolling  stock, the Project will bring a large environmental gains in terms of lowered  carbon emissions.
Banque Misr - MSME Loan II Provision of a senior unsecured loan of up to USD 100 million to Banque Misr  S.A.E ("BM") under the Financial Intermediaries Framework ("FIF"), to be  on-lent to eligible micro, small, and medium enterprises ("MSMEs").  The EBRD loan will support BM's lending activities and expand access to finance  for the underserved MSME segment.
Office des Cereales - Working Capital Provision of up to EUR 150 million sovereign loan (the "Loan") for the benefit  of Office des Cereales ("ODC" or the "Company"). ODC is a Tunisian state owned  office in charge of international and national procurement, storage, and sales  and distribution of durum wheat, wheat, and barley in Tunisia. The Loan will  finance ODC's working capital needs related to their international purchase of  grains.  In light of the ongoing war on Ukraine and the disruption caused in  international grain supply and record high prices, the bank aims to support the  Tunisian government through the provision of a loan to ensure availability of  liquidity for ODC's international grain purchases, and hence contribute to the  country's food security. In parallel to financing, the Bank will also seek to  mobilise a technical cooperation ("TC") package to (i) support ODC to increase  the efficiency of its operations and adoption of best business and governance  standards; and (ii) conduct a review of the Tunisian grain value chain and  develop subsequently some recommendations addressing structural weaknesses in  the Tunisian grain sector.
Tumad Loan Project An up to USD 50 million senior loan (the "Loan") to Tumad Madencilik Sanayi ve  Ticaret A.S. ("Tumad" or the "Company"), a 100% subsidiary of Nurol Holding  (the "Sponsor" or the "Group"). The Loan will be a part of an up to USD 255  million senior loan with parallel lenders. Tumad is an existing EBRD client  through the USD 40 million senior loan, a part of the existing USD 200m senior  loan provided for the development of Lapseki and Ivrindi gold mines in 2017.  The loan is fully guaranteed by the Sponsor.  The Loan will refinance the Bank's existing senior loan and other loans that  were used for the development of Lapseki and Ivrindi gold mines and other  project-related expenses as part of a restructuring to strengthen the balance  sheets of the project and the Sponsor in response to increased short term  uncertainty in the local financial sector and allow to focus on the long-term  development of the Sponsor's businesses.
Ipoteka Bank MSME Senior Loan III 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.  The provision of a senior unsecured loan of up to US$30 million under the  Financial Intermediaries Framework in favour of JSCMB Ipoteka-bank ("IB").  The EBRD finance will provide support to IB's MSME clients in an environment of  large- scale disruption caused by Covid-19. The proceeds of the loan will be  on-lent by IB in line with the eligibility criteria defined in respective  Policy Statements.
Ulker Kazakhstan The provision of debt financing to Hamle Company Ltd (the "Company") based in  Kazakhstan in the amount of up to EUR 50m for financing the Company's 2016/17  investment programme and refinancing needs (the "Project").  Financing of procurement of new machinery, financing of permanent working  capital needs, and refinancing of the existing hard currency loans. The Bank  will support a company which has been in a transformation phase since 2013 and  now requires investment into new machinery and related capital expenditures to  further enhance its efficiency and productivity.
RF: Lviv Liquidity Facility A senior unsecured loan of up to EUR 10 million committed (Tranche 1) and EUR  12 million uncommitted (Tranche 2) financing 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 COVID-19 crisis (the "Project" or the "Facility").  The Recipients of the working capital support from the City are:  -   Municipal Enterprise "Lvivelectrotrans", existing client under  the Ukraine Public Transport Framework, Lviv Trolleybus   -   Communal Enterprise "Zelene Misto", existing client under the Green  Cities Framework, Lviv Solid Waste   -   Communal Enterprise "Lvivavtodor", existing client under the Ukraine  Public Transport Framework: Lviv AFC   -   Communal Enterprise "Lvivvodokanal", existing client under Lviv  Wastewater Biogas  -   Communal Enteprise "Lvivteploenergo", existing client under Lviv District  Heating  The proceeds of the Bank's investment will be used for liquidity support to the  city to provide liquidity and working capital support to key municipal  companies - existing clients of the Bank (Recipients) - to compensate for  temporary revenue losses due to COVID-19 crisis and support the 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).
Green Cities 2 W1-Balti District Heating Phase 2 The proposed Project (the "Project") is a follow-on investment in the District  Heating ("DH") system in the City of Balti under the EBRD Green Cities  Framework.  The new investment builds on the improvements realized under the first  project, successfully completed in 2019, and addresses the  priority environmental challenge of climate mitigation Balti identified in the  Green City Action Plan (GCAP), approved by the City Council on 23 November 2021.  The Project aims to address legacy infrastructure issues and promote the  system's decarbonisation. Its objective is to enhance district heating  operational and energy efficiency through improved system control, introduce  apartment level consumption-based billing to district heating consumers, which  is one of the Bank's major policy objective for the district energy sector and  further optimise the use of highly efficient combined heat and power plant.  The Project will strengthen the Company's governance and will also promote  equal opportunities practices as well as women's engagement in climate policy  at the municipal level. It will help the Company tackle low consumer  satisfaction and enhance energy efficient behaviour among consumers, while  raising awareness among citizens with regard to gender and climate change  issues.
Zelena Dolyna Project Provision of senior secured loan of up to EUR 15 million (the "Loan") to Zelena  Dolyna Group (the "Group"), Ukraine's medium-size group of agricultural  companies. The proceeds of the Loan will be used to finance the construction of  a modern EU-compliant cattle farm, an expansion of landbank, an expansion of  existing grain silo capacity and agri machinery purchase over 2022-24 (the  "Project").  The Project is expected to enhance the Group's competitiveness, improve its  production efficiency and environmental footprint.