devinitorg/iati-policy-markers huggingface dataset:
Yayla Agro Debt A senior loan of up to EUR 20 million to Yayla Agro Gida San. ve Nak. A.S. one  of the leading players in the production and processing of pulses and rice in  Turkey. EUR 6 million out of total financing will be provided by Taiwan  International Cooperation and Development Fund. The loan will be utilised to  (i) restructure the company's balance sheet by extending average tenor of its  loan book through refinancing part of its existing short term loans, (ii)  finance its investment programme for ready-to-eat products and (iii) finance  its incremental working capital needs.  The loan will be utilised to restructure its balance sheet by extending average  tenor of its loan book through refinancing part of its existing short term  loans. Furthermore, a part of the loan will be utilised to finance the  company's investment programme for ready-to-eat products and finance its  incremental working capital needs.
European Reliance EBRD has acquired an equity stake in the Greek insurance company European  Reliance General Insurance Company S.A. ("European Reliance") from Piraeus Bank  S.A. representing 15 per cent of European Reliance's total share capital.  With this investment, the EBRD is supporting the future development of European  Reliance and facilitating the restructuring efforts of Piraeus Bank S.A.. The  Greek insurance market is less advanced compared to other EU markets and the  EBRD is therefore planning a long-term engagement with European Reliance.
Kostanay District Heating sub-project The EBRD is providing a loan up to KZT 3.7 billion to the GKP Kostanay Heat and  Power Company (the "Company"), a local municipal entity providing district  heating and hot water supply services to the local population and business  entities, to rehabilitate and upgrade the existing district heating  infrastructure in the City of Kostanay.  The Loan will be used to finance priority capital investments, including the  reconstruction of the existing heat and combined heat and power generating  facilities, upgrade of the heat supply networks, introduction of SCADA system  and other auxiliary investments (the "Project"). This will result in enhanced  quality of heat supply services, improved reliability of the heat  infrastructure, maximised operation cost savings, improved service standards  and environmental and social performance.
Samarkand Solar Power Plant ¿ Tutly A senior loans of up to EUR 21.8 million on a project finance basis to a  special purpose vehicle owned by Total Eren S.A., for the sole purpose of  development, construction and operation of a solar photovoltaic power plant  with a capacity of up to 100 MWac/131 MWp located in the Samarkand region  of Uzbekistan (the Project).  Samarkand SPP is among the first private solar projects in Uzbekistan which  will pave the way for a pipeline of renewable projects in the country. It will  contribute to climate mitigation by adding 131 MWp solar generation capacity to  the national energy system and will assist the country in low-carbon  transition, reducing its current high reliance on thermal power generation.
Kurty-Kapshagai Road Project The Bank will provide a sovereign guaranteed loan of up to USD 90 million in  KZT equivalent to JSC KazAvtoZhol, 100 per cent state-owned national road  operator, for reconstruction of a 67 km long Kurty-Kapshagai road section of  the Almaty-Astana highway, Centre-South transport corridor in Kazakhstan.  The loan is a second extension under the Kurty Burybaital project. In 2016,  the Bank provided a USD 103 million financing for the improvement of an 81 km  long section of the Almaty-Astana highway between villages of Kurty and  Buribaytal and subsequently a USD 86 million extension for the improvement of  an adjacent 62 km long section.  * Reconstruction of the last 67 km long Kurty-Kapshagai road section of the  Almaty-Astana highway.   * Contribution to the improved inter-regional connectivity, increased road  capacity, reduced travel time and proper safety standards.
Go Digital Pilot in BiH - ProCredit Bank Provision of a senior unsecured loan of up to EUR 5m to be provided in two  tranches of EUR 3m and EUR 2m under the Go Digital Pilot in BiH programme (the  "Programme"). The second tranche of EUR 2m will be uncommitted and its  commitment will be at EBRD's sole discretion. This will be the first  transaction under the Programme. The loan will be fully guaranteed by the sole  shareholder, ProCredit Holding AG &amp;amp; Co. KGaA. The Programme is supported with  donor funds in the total amount of EUR 9m from the European Union.  The Project supports the aim of the Programme to: (i) improve SMEs' access to  finance in order to invest additional resources to introduce EU standards  through the provision of financing and investment incentives; (ii) pilot an  approach to supporting SMEs that invest in automation and digitalisation, (iii)  support transition to a green economy ("GET technologies"), by targeting a  GET-eligible share of at least 60%, and (iv) increase the awareness and  knowledge of SMEs in BiH through the Advice for Small Business ("ASB") services  with a focus on automation and digitalisation projects.
MAS Real Estate¿s green bond The Project consists in the issuance of EUR 300 mln 5-year unsecured green  corporate Eurobond issue (the "Green Bond") by MAS Securities BV (the  "Issuer"), a limited liability company incorporated in the Netherlands and  fully guaranteed by MAS Real Estate Inc. ("MAS" or the "Sponsor"), via a public  placement on the Global Exchange Market of Euronext Dublin. This is the first  bond issue by the Issuer and Sponsor, with all the proceeds to be used for  eligible green commercial real estate assets in countries where the EBRD  invests across Central and Eastern Europe. MAS is listed on the Johannesburg  Stock Exchange and has a market capitalisation of circa EUR 716 mln as of 7 May  2021. The Green Bond issue is underpinned by a Green Financing Framework  aligned with the ICMA Green Bond Principles and LMA Green Loan Principles,  which was newly developed and validated by an independent second opinion from  Sustainalytics.  The proceeds from the Bond issue will be used for refinancing senior secured  asset-level debt for operating CEE portfolio and to fund a pipeline of  sustainable commercial real estate assets in CEE.
Project Andrija (Bail-in Senior Preferred) The EBRD invested EUR 9 million (20% of the issuance amount) in a senior  preferred bond issued by Erste &amp;amp; Steiermarkische bank d.d. ("ESB"), as part of  an issuance of EUR 45 million listed on the Zagreb Stock Exchange ("ZSE") and  marketed mainly to local institutional investors. This is the first  MREL-eligible instrument issued by ESB since the BRRD introduction and the MREL  guidelines in Croatia.  The project supports the resilience and regulatory compliance of the third  largest bank in Croatia and contributes to the capital market development of  the country. The project also aims to support strong Green-impact targets with  at least 80% allocation of EBRD investment in GET-eligible sub-projects.
Fast crew boat financing The EBRD is providing a senior loan of up to US$ 20.4 million to Caspian Marine  Services Limited ('CMS'), an offshore supply vessels operator in Azerbaijan.  The loan will be used to finance part of the acquisition costs of a new fast  crew boat to be operated in territorial waters of the Caspian Sea.
Terna Energy Project The EBRD is providing a senior secured loan of up to EUR 50 million to Terna  Energy SA (the "Company"), to finance the development, construction and  operation of the Company's renewable energy power plants in Greece (the  "Project").  The Project will support the development, construction and operation of  renewable energy power plants in Greece, which will support Greece in achieving  the target to reach 40% of electricity consumption from renewable sources by  2020.
UniCredit Bank Serbia mortgage loan A senior loan of up to €60 million to UniCredit Bank Serbia JSC ("UCB") for  mortgage lending.  The proceeds of the loan will be used by UCB to provide long-term financing for  residential mortgage lending in Serbia.
Veysaloglu Group The project consists of financing of the Group's working capital and liquidity  requirements that would be needed in case of Covid-19 and its related impacts  are prolonged for unforeseeable future.  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 main objective of the project is to provide the Group with access to  financing in cases of liquidity and working capital needs.
Bank of Georgia - SME Line (COVID crisis response) 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.  Project Description:  MSME senior unsecured credit line of up to USD 100 million in favour of JSC  Bank of Georgia. The Project will go under the Financial Intermediaries  Framework (BDS 15-50) and will be complementary to the EBRD COVID-19 crisis  response in Georgia, helping to address challenges outlined in the Solidarity  Package (BDS20-039).     Project Objectives:  The Project will enable Bank of Georgia to maintain uninterrupted lending to  MSMEs severely affected by the economic consequences of the COVID-19 pandemic.     Transition Impact:  ETI score: 60  The project contributes to the objectives of the Financial Intermediary  Framework, supporting Competitive and Resilient transition qualities. With its  wide regional outreach, BOG is well positioned to provide finance to MSMEs and  attract new MSME clients. BoG will ensure sound banking principles and will  support local currency lending.     Additionality:  EBRD's participation in the proposed transaction is expected to be highly  additional in light of severe impact of the COVID-19 pandemic on the Georgian  economy and MSME sector in particular, greatly elevated risk aversion by  commercial lenders and confidence-enhancing effect of EBRD's financial backing.     Environmental and Social Summary:  Categorised FI (ESP 2019).  Bank of Georgia (BoG) is well known to the Bank  through a number of transactions, over a number of years.  BoG has a  well-developed suite of policies and procedures for the management of key  issues under PRs 2, 4 and 9. BoG will be required to continue compliance with  PRs 2, 4 and 9 and to provide the EBRD with annual E&amp;amp;S reports.     Implementation Summary (only complete if and when an OPA is completed): not  applicable     Technical Cooperation: None  Null Value
RLF - Volynholding EUR 42 million loan Ukraine Provision of up to EUR 42 million senior secured loan to LLC Volynholding, a  subsidiary of Nestle S.A., for financing investments to develop a new  production facility in Ukraine.  The Project will support development of a new production site in the Western  part of Ukraine to create a food production hub in the region.
Voli Capital Increase The EBRD transaction is an equity investment of up to EUR 10m by way of  subscription to a newly issued convertible redeemable preference stake (the  iEBRD Stakei) in Voli doo (ithe Companyi). Voli is the leading retailer in  Montenegro, with 53 stores and 28,247 sqm of net selling space.  The EBRD investment proceeds will be applied towards financing the expansion  of the Companyis store and distribution centre network in Montenegro including  for some energy and resource efficiency improvements.  The operation will enable the Company to strengthen its supply chain for both  wholesale and retail operations, through construction of a new distribution  centre (DC), and to expand its retail network through opening of two new stores  in Montenegro.
Elazig Hospital PPP (f. Project Hestia) The EBRD together with the World Bank's Multilateral Insurance Guarantee Agency  ("MIGA") has provided a joint credit enhancement scheme to enable the issuance  of the first greenfield infrastructure project bond in Turkey.   ELZ Finance S.A. (the "Issuer") issued EUR 288 million of privately placed,  euro-denominated senior secured bonds and on-lent the proceeds to its sister  company ELZ Saglik Yatirim A.S. (the "Project Company").  The Project Company was awarded the 28 year concession by the Turkish  Ministry of Health to design, build, finance, equip, and maintain an integrated  hospital campus in Elazig with 1,038 beds - Elazig Integrated Health Campus PPP  (the "Project"). The Project is part of the Hospital Facilities Management PPP  Programme ("Programme") developed by the Turkish Government.  The investment grade enhanced project bond tranche benefits from the support  of two unfunded subordinated liquidity facilities provided by EBRD combined  with political risk insurance ("PRI") policy provided by MIGA.  The credit enhancement scheme has enabled Moody's to assign a Baa2 rating,  two notches above the current sovereign rating of Turkey. The issuance has also  been certified as "green and social bond" by Vigeo EIRIS.  The International Finance Corporation ("IFC"), a member of the World Bank  Group, has invested on a parallel basis in an unenhanced tranche of the bond.  EBRD is demonstrating new ways of financing by promoting the participation of  untapped investor classes in the sector, thereby enabling the diversification  of funding sources and providing depth to the Programme.  EBRD is also  promoting the introduction of non-conventional funding solutions to finance  infrastructure projects in the Bank's region, in particular debt capital market  financing.  EBRD is also assisting in increasing private sector participation in the  hospital infrastructure sector in Turkey. In response to the need for large  capacity investments in healthcare systems, governments are seeking to tap  private sector resources and know-how to construct and manage infrastructure  related facilities more rapidly and more efficiently, while medical service  provision remains under the responsibility of the State.
Fibabanka Equity Investment The EBRD has acquired a minority stake in Fibabanka. The Bank has invested in  newly issued shares representing 9.95 per cent of Fibabanka's share capital and  voting rights. It may also participate in potential future capital increases.  This is a co-investment with the IFC.  The EBRD will participate in a capital increase via a planned rights issue in  place between shareholders of Fibabanka. The proposed investment amount will be  used as part of Fibabanka's total capital increase of USD 30 million (EUR 26.3  million) in TRY equivalent.  The operation supports the growth of a small but high potential bank in Turkey.  The capital increase will have a positive impact on the main transition  objective of the Bank's initial equity investment: demonstration effect of  successful IPO or a merger/acquisition with/by another Turkish bank.
UniCredit Mortgage Bank: covered bonds investment In September 2023, the EBRD invested in two covered bond issuances of UniCredit  Mortgage Bank ("UCBM"): HUF 5 billion (€12.9 million) in a green covered bond,  as part of HUF 20 billion green covered bond issuance, and HUF 6 billion (€15.5  million) in a regular covered bond, as part of HUF 23.2 billion regular covered  bond issuance. The bonds are rated A1 by Moody's and listed on the Budapest  Stock Exchange. These investments have been preceded by three investments made  throughout 2020, in particular: (i) HUF 4.5 million (€11.6 million) investment  in March 2020, (ii) HUF 1.5 billion (€3.9 million) in June 2020 and (iii) HUF  2.9 billion (€7.4 million) in November 2020 for an aggregate investment of HUF  8.9 billion (€22.8 million) in regular covered bonds that were listed on the  Budapest Stock Exchange.  With this transaction the EBRD aims to support covered bond issuances of UCMB  to facilitate its mortgage lending activities and optimise the funding  structure through long-term funding instruments. Furthermore, EBRD promotes  resource efficiency in the country by requiring Unicredit Hungary (the parent  company of UCMB) to invest an amount corresponding to at least 100 per cent of  the EBRD's investment in non-green/regular covered bonds to finance green  investments in renewable energy projects and/or residential building sectors.
UniCredit Bank Romania RON 246m loan under RLF Provision of a three-year senior unsecured loan of RON 246 million to UniCredit  Bank SA, Romania, for on-lending to eligible companies in Romania which have  been directly or indirectly impacted by economic spill-over effects of the war  on Ukraine.  The Facility will enhance the lending capacity of UniCredit Bank SA, a Romanian  bank of systemic importance, and will be channelled for on-lending to  businesses in Romania that have been directly or indirectly affected by  economic consequences of the war on Ukraine through supply-chain disruptions  and other shocks, with the ultimate goal of preserving livelihoods in the  country.
M6  Motorway Duna The European Bank for Reconstruction and Development (EBRD) together with  Aberdeen European Infrastructure Partners LP and Intertoll-Europe Zrt have  acquired a stake in M6 Duna Zrt, the concession company operating Hungary's M6  motorway between the cities of Érdi Teto and Dunaújváros (58 km).  The M6 motorway is a north-south motorway in Hungary running along the Danube  connecting Budapest with Pécs and continuing to the Croatian border.  Through this investment, the Bank will contribute to bringing existing  operating PPPs in Hungary to the next stage of their lifecycle allowing new  sources of capital and more sophisticated long-term financiers to enter this  market, further demonstrating that PPPs remain an effective and sustainable way  of procuring infrastructure assets.
Anatolian Orchards In 2016, the EBRD signed a six-year, EUR 50m senior unsecured loan to AEP  Anadolu Etap Penkon Gida ve Tarim Urunleri Sanayi ve Ticaret A.S. (the  'Company'), financing the Company's capex programme for 2015-2016 and limited  balance sheet restructuring. The EBRD is considering providing additional EUR  60m (to be syndicated 50/50 on an A/B loan structure) in order to support  additional working capital needs (EUR 20m), retroactively finance CapEx and  extend the maturity of the loan book.  Null Value
Western Balkans GEFF II Sparkasse Bank Makedonija Senior unsecured loan of up to EUR 3.0 million to Sparkasse Bank Makedonija  under the Western Balkans Green Economy Financing Facility II (WB GEFF II).  This facility will support investments in high-performance green technologies,  materials and solutions undertaken in privately owned residential dwellings or  buildings. The sub-projects will be selected according to technical and  financial eligibility criteria set forth in the Policy Statement for WB GEFF  II. 100% of proceeds will finance green investments.
Shklov Wastewater Subproject The provision of a sovereign loan of up to € 3.68 million to the Republic of  Belarus for the benefit of Shklov Housing and Communal Services Enterprise (the  "Company") to finance the rehabilitation and reconstruction of wastewater  treatment infrastructure in Shklov (the "Project").  This is one out of seven subprojects under the Belarus Water Sector  Framework, 3rd phase. Other subprojects are in Kletsk, Lyuban, Fanipol,  Baranovichi, Bereza, Zhlobin.  The Project aims to enhance wastewater treatment quality to ensure compliance  with the national and EU/HELCOM standards/recommendations for effluent quality  treatment and reduction of air, soil, water pollution.  The Project will facilitate the advancement of water and wastewater sector  reform and improvement of the Company's operational and financial performance  and capacity.
Aklease Project 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.  Provision of a senior loan of up to EUR 40 million in favour of Ak Finansal  Kiralama A.S. ("Aklease"). The proceeds of the loan will be channelled via  Aklease to Turkish businesses to fund their capital expenditure needs.  The operation will enable the company to increase the availability of funding  to corporates and SMEs in Turkey for crucial capital investments to mitigate  medium to long-term negative impacts of Covid-19.
Walbrzych urban regeneration programme Provision of a loan of up to PLN 96.6 million (EUR 21.5 million) to finance  Walbrzych's urban regeneration programme involving the economic development and  reintegration of several underdeveloped parts of the city through better  interconnectivity both within the city and the region through the construction  of a new bypass, co-financed with EU structural funds. In addition, the Bank is  also working with the city of Walbrzych to improve energy efficiency in  buildings under the Green Cities Framework Thermo-Modernisation project.  The project will be part of a new transportation hub, which will create an  integrated and smooth transportation system in Walbrzych and help create closer  links between Walbrzych and Wroclaw, the major city in western Poland.
Vinnytsia Automated Fare Collection The EBRD is providing a loan to the Municipal Enterprise "Vinnytsiacartservis"  (the "Company"), wholly owned by the City of Vinnytsia (the "City") to finance  the implementation of an Automated Fare Collection ("AFC") system for public  transport in the City on a design, build and maintain ("DBM") basis (the  "Project"). The contract for an AFC system will be signed between the Company  and a private operator to be selected by the Company through a competitive  tender.  Null Value
Railport Turkey The provision of an additional commitment of up to USD 25 million to Railport  Terminal Isletmeleri A.S. ("Railport").  The Project Summary Document was originally disclosed on 20 July 2018, and  updated on 9 March 2022. A Loan Agreement, in the amount of USD 60 million, was  signed between the EBRD and Railport on 19 October 2022 to finance the first  private inland terminal to provide intermodal cargo services in Turkiye (the  "Project"). The EBRD proceeds will be used for the Project; for the  construction of additional warehouse areas.  An innovative business concept in Turkiye's transport sector, the Railport  will be located in the Kocaeli province of Turkiye, a major industrial hub. It  will service industries located within the Ankara, Bilecik, Bolu, Bursa, Duzce,  Eskisehir, Kocaeli, Sakarya and Yalova regions. The terminal will have an  annual capacity of 105,000 twenty-foot equivalent units (TEU) and 500,000  tonnes general cargo after implementation of the Phase 1 of the Railport. This  capacity will be realised on a terminal area of 26.5 hectares, with 20,000  square meters of warehouse storage capacity.  The project involves the development of an intermodal hub for freight  transport within Turkiye and will facilitate freight rail transport within  Turkiye and between Asia and Europe, as well as among European, Balkan and  Central Asian countries.  The project involves design, construction, equipment and operation of an inland  intermodal logistics terminal in Kocaeli, Turkiye.