devinitorg/iati-policy-markers huggingface dataset:
CA  Women in Business  Programme- Arvand Bank Provision of a senior loan of up to US$ 2.0 million (€1.6 million equivalent)  to Arvand Bank under the  Financial Intermediary Framework-Central Asian Women  in Business (FIF - CA WiB) programme for on-lending to women-led micro, small  and medium-sized enterprises (MSMEs). The loan will be provided in two tranches  of USD 1.0m each with the second tranche being uncommitted, which  committment  is delegated to Management.  The project objective is to promote and support women entrepreneurship  in Tajikistan and, more broadly, women's participation in business by assisting  women-led MSMEs to access finance, know-how and advice, particularly in the  regions of the country. The financing gap is a major obstacle in enabling the  transition of women-led MSMEs.  The project implemented by Arvand Bank, an experienced lender to women-led  businesses, will contribute to narrowing the gap. The proceeds will be used to  finance loans to eligible women-led MSMEs in accordance with the elibibility  criteria set in the Policy Statement for the Central Asian Women in Business  programme.
MHP Group Biogas Construction by Myronivsky Hliboproduct ("MHP Group") of a greenfield 10 MW  biogas plant in Vinnitsa region of Ukraine.  The Project will support MHP Group's strategy to improve the energy efficiency  and environmental footprint of its operations.
Green Cities  - Batumi Bus A sovereign loan of EUR 5.5 million to Georgia, on-lent to the City of Batumi  (the City) for the benefit of Batumi Autotransport LLC (the Company), a  municipal bus company. The loan is divided in 2 tranches: EUR 3.2 million and  EUR 2.3 million respectively. Tranche 2 is co-financed by a capital expenditure  grant of EUR 1.5 million from the Eastern Europe Energy Efficiency and  Environment Partnership (E5P).  The Project aims to improve and modernise bus operations in Batumi through the  upgrade of its bus fleet.     The project will be complemented by a technical cooperation (TC) package to  improve the operational and financial performance of the Company, through the  Corporate Development Programme (CDP), assist the City to prepare a Green City  Action Plan (GCAP) and raise public awareness on transport related issues.
NBK Egypt- SME Loan The EBRD is financing a package of up to USD 70 million to National Bank of  Kuwait- Egypt. The facility will comprise (i) a senior loan for on-lending to  private small and medium enterprises ('SMEs') for up to USD 50 million to be  disbursed in two tranches; and (ii) up to USD 20 million trade finance limit  for guarantees and cash advances.  Null Value
Poland - SocGen Leasing Provision of a senior loan of EUR 100 million (available in PLN or EUR) to SG  Equipment Leasing Polska Sp. z o.o. (the "Project") under the PolGEFF Leasing  Framework (the "Framework"). The proceeds will be used to provide leasing  finance to small and medium-sized enterprises ("SMEs") in Poland.  The proceeds of the loan will be used to finance energy and resource  efficiency, renewable energy, water and waste management sub-projects, through  private businesses, that stimulate green economy transition (i.e. GET  investments), under the PolGEFF Leasing Framework. The eligible sub-projects  will cover a broad spectrum of technologies and will be selected according to  technical, financial and environmental eligibility criteria.
Milk Euro Food Project The provision of a US$ 6.3 million (€ 6.0 million) senior secured loan (the  Loan) to Uzbekistan based producer of spreads and butter JV Milk Euro Food LLC.  It will consist of two tranches: the amortising tranche of US$ 3.3 million  (Tranche 1) and the revolving tranche of US$ 3.0 million (Tranche 2).  Up to US$ 750,000 of the loan amount will be co-financed by the Innovation  and Sustainability in Agribusiness Value Chains Account of the Financial  Intermediary and Private Enterprises Investment Special Fund sponsored by  Taiwan International Cooperation and Development Fund (the TaiwanICDF).  The Bank's financing will be used to (i) consolidate and extend the maturity of  existing loans from local banks (US$ 3.3 million), (ii) finance working capital  needs (US$ 2.7 million) and (iii) the acquisition of refrigerators US$ 0.3  million (together, the Project).
Algebra Ventures II Algebra Ventures II Cooperatief U.A. ("Algebra Fund II" or the "Fund"), a  venture capital fund to be established as a Dutch cooperatief with exclusion of  liability. Algebra Ventures II B.V., a limited liability company to be  incorporated in the Netherlands, will appoint Algebra Ventures II LLC (the " Investment Advisor"), a limited liability company to be incorporated in Egypt,  to provide investment advisory services to the Fund Manager. Algebra Ventures  II B.V. and Algebra Ventures II LLC are herein collectively referred to as " Algebra" or the "Fund Manager".  The Fund will primarily make equity and equity-related venture capital  investments in Egyptian small and medium-sized enterprises engaged in the  development of technology, with the aim of achieving long-term capital growth.
Pelion E-commerce Expansion Provision of a long term senior loan of up to EUR 85 million in favour of  Korporacja Inwestycyjna Polskiej Farmacji Sp. z o.o. ("KIPF", "Company"), a  limited liability company domiciled in Poland and DEETA B.V., a private limited  liability company domiciled in the Netherlands (as joint co-borrowers) for use  in Pelion S.A. ("Pelion") and its subsidiaries, mainly CEPD N.V., to finance  the capex programme focused on digital expansion and e-commerce in Poland and  Lithuania, and acquisitions of pharmacies. Out of EUR 85 million loan, EUR 60  million will be committed and EUR 25million uncommitted. The Loan is part of a  larger financing package with mBank Poland, which will provide EUR 75 million  in parallel. Total financing from EBRD and mBank Poland amounts to EUR 160  million.  KIPF is a holding company of Pelion Group, the leading pharmaceutical  distributor and pharmacy retailer in Poland. The proposed facility will support  the investment programme carried out by Pelion Group in Poland and Lithuania.  The proceeds from the EBRD loan will be allocated towards capex programme  focused on expansion in the area of logistics (including BREEAM Very Good  certified warehouses), e-commerce in Poland and Lithuania, and expansion via  M&amp;amp;As. The Project will enable Pelion Group to strengthen its market position,  enhance its logistics and network coverage, and benefit from economies of scale.
Kokand Fertilisers GET Capex The Project will finance the implementation of an energy-efficiency oriented  CAPEX program at the recently privatised chemical plant Indorama Kokand  Fertilisers and Chemicals in Uzbekistan, as well as its initial working capital  needs. The WC Loan will be provided in local currency ("UZS"). Total EBRD  financing is USD 22.5 million. The Capex Loan (62% GET) is to be used to  finance the modernisation of the plant whereas the WC Loan will be used to  finance working capital related requirements. The Loans will be provided  together with the IFC who will lend alongside EBRD for the CAPEX portion of the  investment program. Corporate guarantee from the Sponsor for the entire  lifetime of the loans is secured.  The Project aims to (i) enhance operational efficiency of the obsolete plant by  bringing in new equipment and modernising the plant infrastructure, (ii)  improve health, safety, economic inclusion and environmental standards of the  company, and (iii) increase production and contribute to enhancing the overall  competitiveness across the sector.
KR Water Framework-Myrzaki-Kurshab Regional Water The provision of a loan of up to €2 million to the joint municipal enterprise  Water Supply and Wastewater Management Agency of the Uzgen Region (the  Company). The Company is equally owned by three municipalities of Myrzaki,  Kurshab and Don-Bulak (the Municipalities) and provides drinking water supply  services in the Municipalities.  The financing plan also includes an investment grant of € 3 million from the  EU's Investment Facility for Central Asia (IFCA) to facilitate thew  implementation of the project.  The proceeds of the loan and the grant will finance the most urgent water  supply rehabilitation works. The project will focus on replacing critical water  supply networks, rehabilitating water supply systems and modernising household  metering and operational and maintenance equipment. The investments are  expected to significantly improve access to clean water, reduce water losses,  improve resilience to climate change and optimise the Company's operating costs.  The rehabilitation of the water supply infrastructure in the municipalities of  Myrzaki, Kurshab and Don-Bulak and the improvement of the Client's financial  and operational management.
Green Cities 2 W2 - Brcko Water Provision of up to EUR 13.0 million debt financing to permanently resolve  inadequate pressure in the Brcko District water system and restore water  quality in the main centralised water network. This involves the construction  of an approximately 14 km long pipeline, a new pumping station and clean water  storage reservoir at "Potocari" and targeted reconstruction of between 2-3km of  the existing water supply network to reduce water losses (from 53.1 to around  41.6 per cent) whilst improving system integrity (the "Project").  In 2022, the Bank signed a EUR 6.5 million loan to finance this project. As a  result of higher financial offers for the proposed works following procurement,  the Client has requested a loan increase of EUR 6.5 million, reflecting a  change in technical specifications and rising costs due to inflation.    The Project is a trigger project under EBRD's Green City Framework 2  ("GrCF2") and will include technical cooperation ("TC") facilitated by the Bank  for the development of a Green City Action Plan ("GCAP") to identify,  prioritise, and address environmental challenges through a multi-sector  approach.  Loan proceeds will be used to significantly improve the reliability and  physical resilience of Brcko's existing water supply system. In addition,  construction of the new MTP will also enable the network to be connected to  underserved settlements in the vicinity of the new MTP, achieving full  population coverage and ultimately increasing the Company's revenue stream  through the addition of new customers.  The combination of reduced physical losses in the system and modernised  control of the water system pumps (also proposed as part of the Project) is  expected to reduce the overall energy demand by around 214 MWh/yr which  translates to an energy saving per unit of water produced of 25.2 per cent post  investment. The Project will also assist the Company to prepare and sign a  Public Service Contract ("PSC") with the District including the phased  achievement of cost recovery tariffs for all the Company's services.  In line with GrCF2, the Project will play a key role in helping the district  to identify, prioritise and address its environmental challenges through the  development of a GCAP.
Brisa Tyres GET The EBRD provided up to USD 100 million long-term loan or its EUR or TRY  equivalent to Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret A.S. (the  "Company", or "Brisa") to finance the Company's new capital expenditure  program, which consists of new machine and equipment acquisition and capacity  increase in Aksaray plant as well as modernization in Izmit plant in Turkey.  The proceeds of the financing will enable Brisa to implement a large-scale  investment plan for modernisation and capacity increase in its Aksaray and  Izmit plants in Turkiye in order to increase manufacturing of fuel-efficient  and low-carbon emission products. The Project will have significant climate  change mitigation benefits and support the Company achieve its GHG emission  targets by demonstrating a substantial reduction in net GHG emissions through  Scope 3, while further strengthening Brisa's sustainability practices  consistent with the objectives of the Paris Agreement. The Project is aligned  with the EBRD's Green Economy Transition Approach ("GET").  Furthermore, the  Project will enable the Company to strengthen its human resources policies  through the introduction of gender-based violence and harassment (GBVH)  provisions in line with international best practices. The Project is in line  with EBRD's Strategy for Turkiye as it supports increased energy and resource  efficiency, climate resilience and environmental performance.
Poland Reff - Euro Bank S.A. Provision of a senior loan of up to PLN 125 million (EUR 29 million equivalent)  to Euro Bank S.A. under the Poland-Renewable Energy Financing Facility (REFF)  framework. The loan will be complemented by a comprehensive Technical  Cooperation support package. Euro Bank S.A. will on-lend the EBRD funds on  market terms to customers to finance eligible energy and resource saving  projects in residential buildings in Poland.  The facility is aimed at tackling the high energy and water consumption in the  Polish residential sector and expected to contribute to the following  objectives: (i) enhance the competitiveness of commercial financing for energy  and resource saving investments in the residential sector; (ii) improve living  standards of households; (iii) lower carbon emissions; (iv) develop  market-based loan instruments that target the above objectives.
Sodrugestvo Ukraine and Serbia Provision of a USD 10 million loan to Intergrain S.A. to finance working  capital needs of Sodrugestvo Group's subsidiaries in Serbia and Ukraine.  The loan will be utilized to finance working capital needs of the Group for the  origination of commodities from Serbia and Ukraine.
GNT Grain Terminal The EBRD is providing a long-term loan of up to US$ 40 million to GNT Group of  companies ("GNT") in order to finance the expansion of the throughput capacity  of its existing grain terminal in the port of Odessa.  The project will increase the grain throughput and storage capacity at GNT's  port terminal. Ukraine's agricultural exports sector will benefit from this  project, which will help expand modern terminal facilities..
Indorama Agro Capex Loan Provision of two loans of up to US$70 million, in aggregate, to FE Indorama  Agro LLC to support its capital expenditure and working capital needs.  The project will support a significant private sector investment into the  cotton farming sector in Uzbekistan. It will promote mechanised cotton  harvesting and bring significant environmental and operational improvements  including: (i) land levelling and alternative irrigation systems to optimise  water use; (ii) effective application of fertilisers; (iii) upgrades of water  delivery and melioration systems; amd (iv) improved crops stock management.
Procredit Bank Macedonia Provision of a senior loan of up to €15 million in one tranche under the  Resilience Framework in favour of Procredit Bank Macedonia.  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 proceeds of the Bank's investment will be used for sub-lending to eligible  sub-borrowers affected by the Covid-19 crisis, in accordance with the RF policy  statement.
Fin Intermediaries FW - Garanti DPR - Cyprus MSMEs The EBRD is providing EUR 5 million (in USD equivalent) to Turkiye Garanti  Bankasi A.i ("Garanti" or the "Company") under the Financial Intermediaries  Framework. The financing will be a part of EBRD`s investment of EUR 55 million  (in USD equivalent) in rated notes issued under Garanti`s existing Diversified  Payment Rights ("DPR") programme. EBRD's notes are backed by specifically  defined foreign currency denominated payment orders of Garanti.  The funding will be used to finance eligible MSMEs operating in the northern  part of Cyprus.The facility will effectively leverage Garanti's geographic  scope to extend financing to EBRD's priority regions within the MSME segment
Lietuvos Energija Green Bond Investment in EUR-denominated green bond issue in an amount of EUR 30 million  as part of a total aggregate issuance of EUR 300 million by Lietuvos Energija  UAB ("LE UAB"), the Lithuanian's national energy company and one of the largest  state-owned energy groups in the Baltics.  The investment programme which the EBRD is supporting is critical to help LE  UAB to upgrade its distribution network and expand its renewable energy  capacity in order to strengthen the sustainability and security of Lithuania's  energy supply and reduce its reliance on imported energy. The issue will also  enhance LE UAB capital structure by centralising indebtedness at the holding  level.
UniCredit Romania - Senior Unsecured Bonds RON 135 million investment by EBRD in a senior unsecured bond issued by  UniCredit Bank S.A., as part of a local issuance of RON 488.5 million on 16  December 2022. The bond has a maturity of 5 years and was listed on the  Bucharest Stock Exchange.  The EBRD further invested RON 95 million in a senior unsecured bond issued by  UniCredit Bank S.A., as part of a local issuance of RON 480 million on 21  November 2023. The bond has a maturity of 5 years and will be listed on the  Bucharest Stock Exchange.  The proceeds of EBRD's investment in the bond will further 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, with the  ultimate goal of preserving livelihoods in the country.
Moldova Buildings Energy Efficiency A sovereign loan of up to EUR 30 million to the Republic of Moldova to finance  energy and resource efficiency upgrades and rehabilitation of public buildings  across the country (the "Project"). The financed measures will include but will  not be limited to thermal insulation, associated structural works, replacement  of doors and windows, installation of high-efficiency lighting and heating,  cooling and ventilating upgrades including replacement of inefficient boilers,  installation of thermostatic valves, renewable energy systems and energy  management systems  as well as related energy audits, design and construction  supervision.  The Project aims to improve energy efficiency at the building level  prioritising public buildings, both municipal and state-owned, across the  country, which will result in significant environmental benefits through energy  savings and reduction of carbon emissions.
UniCredit Leasing Croatia II Provision of a EUR 30 million senior loan to UniCredit Leasing Croatia under  the Financial Intermediaries Framework.  The loan will be used to provide leases to small and medium-sized enterprises  (SMEs), specifically for equipment, light commercial vehicles, trucks and  trailers.
CVI Private Debt Fund An equity commitment of up to EUR 25 million in favour of Credit Value  Investment CEE Private Debt Fund SCA SICAV-RAIF (the "Fund").  The Fund will provide flexible debt financing predominantly to small and  medium-sized enterprises ("SMEs") mostly via senior debt but also offering  junior and unitranche loans. It will invest primarily in Poland and also in  selected opportunities in other Central and Eastern European ("CEE") countries.
PRAGMAGO Project The provision of a senior secured loan of up to € 5 million to PragmaGo S.A.  under the Financial Intermediaries Framework ("Framework").  PragmaGo will use the loan's proceeds to extend financing to an underserved  segment of the private sector, namely micro, small and medium-sized enterprises ('MSMEs') in Poland, thanks to its innovative online product suite  tailored to MSMEs and its mutli-channel digital distribution strategy.
NEPCO: Liquidity facility Provision of a sovereign guaranteed loan to the National Electric Power Company  (NEPCO) to assist NEPCO in preserving the stability of the electrical system  and manage its liquidity constraints resulting from the ongoing COVID-19 crisis.  The proceeds of the Bank's loan will be used to provide urgent liquidity  support to NEPCO to meet its short-term payment obligations. The project is  developed under the Vital Infrastructure Support Programme (VISP) which is part  of the EBRD COVID-19 Solidarity Package.
Lydian (Amulsar Gold Mine) - Extension In 2015, Lydian International Limited had completed exploration of the Amulsar  gold deposit and had secured financing to start mine development. In 2016, the  EBRD provided Lydian International with an equity injection, which was  earmarked for financing of the Environmental and Social Mitigation Measures  (ESMM) (as defined in the ESAP, including financing a biodiversity off set  programme and the construction of water treatment facility) and related  activities.  Null Value
Sofia Med Sustainable Expansion Sofia Med Sustainable Expansion - Up to EUR 20 million senior secured loan to Sofia Med AD  The proceeds of the loan will be used to finance the Company's 2020-2022 Capex  programme aiming to expand production capacity in respect of copper and copper  alloy strips, mainly to respond to increasing demand for copper in 'green'  applications.
Piraeus Synthetic Securitisation (Ermis II) Investment of c. EUR 10 million in credit linked notes, issued by a newly  established securitisation special purpose entity (the "Issuer"), covering the  credit risk of the senior mezzanine tranche in a synthetic balance sheet  securitisation of a performing mixed loans portfolio, originated by Piraeus  Bank S.A., a commercial bank incorporated in Greece (the "Originator" or  "Piraeus").  The project boosts the resilience of a systemic bank in Greece, and i subject  to receipt of the ordinary terms and approvals by the competent authorities  i will allow Piraeus Bank to achieve a risk weighted assets relief and optimise  its regulatory capital requirements, while the anticipated RWA relief will be  redeployed to new on-lending to the real economy. Furthermore, the EBRD  promotes resource efficiency in the country by requiring Piraeus Bank to  allocate funds in the amount of 1.7 times of EBRD's subscription to finance  green investments in renewable energy and energy efficiency.
Project OXY Provision of a EUR 31.5 million long-term loan to OXY Technical Gases d.o.o., a  limited liability Company established in Croatia, to construct and operate a  green-field air separation unit ("ASU") in the city of Velika Gorica, Croatia  (the "Project").  The Project will increase industrial gas volumes available in Croatia and  potentially cover other countries in the Western Balkans as well as Slovenia.
Bank CenterCredit Women in Business (WIB) Loan The EBRD is providing a 5 year senior loan to Bank CenterCredit in the amount  of KZT 3.72 billion (ca. USD 20 million).  The financing will be used for on-lending to eligible women-led micro, small  and medium sized enterprises (MSMEs) in Kazakhstan. 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 WiB SME  sector in Kazakhstan, by facilitating access to finance and advice for  women-led SMEs.  The loan will be complemented by the development of sustainable credit  mechanisms targeted at women-led SMEs through technical assistance to  CenterCredit; and technical support for women-led SMEs in accessing know-how,  non-financial business development services and networking opportunities.