devinitorg/iati-policy-markers huggingface dataset:
Western Balkans GEFF II - Procredit Bank Macedonia Provision of a senior unsecured loan of up to EUR 2.0m to Procredit Bank  Macedonia ("PCBM"), the 6th largest bank in North Macedonia, under the Western  Balkans GEFF II Programme (the "programme" or "WB-GEFF II").  The loan is envisaged to provide financing for on-lending to residential sector  (individuals, housing collectives, producers, vendors of green technologies,  and service providers) for investments supporting Green Economy Transition  ("GET") in North Macedonia.
EAP  Women in Business  - TBC Bank 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 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 to SMEs.
Railway Rehabilitation Project Provision of a sovereign loan to the Kosovo, to be on-lent to Kosovo Railways  Infrastructure JSC ("InfraKos" or the "Company") to finance the rehabilitation  of Kosovo's Rail Route 10, approximately 148 km in length, from the border with  Serbia in the north (Leshak station) to the border with FYR Macedonia (Hani i  Elezit station) in the south.  The Project will be implemented in three phases and consists of the  rehabilitation of the following sections: (i) Fushe Kosove - FYR Macedonia  border; (Phase 1); (ii) Fushe Kosove - Mitrovice (Phase 2); and (ii) Mitrovice  - Serbian border (Phase 3).  This railway line is the only operational railway  link connecting Kosovo's national rail network to the international network.  The Project is part of the Western Balkans Core Network and will support  Kosovo's regional and European integration.  The Project is co-financed with a loan from the European Investment Bank  (EIB) and investment grants from the Western Balkans Investment Framework  (WBIF). In addition, WBIF has been providing grant funds for project  preparation and implementation.  Support Kosovo's national economic development and contribute to its regional  integration by connecting Kosovo's national railway network to the European  network.
GEK TERNA sustainability linked bond The EBRD invested EUR 25 million in the EUR 300 million 7-year senior unsecured  Sustainability Linked Bond issued by GEK TERNA S.A. The transaction comes under  the Greek Corporate Bonds Framework (GCBF) III and represents the first  Sustainability Linked Bond to be listed on the Athens Stock Exchange.  The total proceeds of the new bonds will finance business activities in  infrastructure, energy, industrial and real estate sectors, refinance existing  and future  indebtedness, and finance working capital needs.  The proceeds of the EBRD participation will be used exclusively for  refinancing and working capital needs.  The bond includes a sustainability feature with a target to reduce the  Group's CO2 intensity by 25% by 2025 compared to 2021. Not meeting this target  would lead to an 0.20% increase in its coupon.  As part of the Framework, the Project aims to support the development of the  local corporate bond market in Greece and facilitate the access of Greek  corporates to the debt capital markets.
Regional Roads Project The European Bank for Reconstruction and Development (EBRD) is providing a  sovereign loan to Kosovo to finance the rehabilitation of an approximately 15km  road section from Kllokot to Gjilan and the upgrade of access roads for a total  length of approximately 11.2 km in the cities of Ferizaj, Gjilan and Prizren in  Kosovo (the "Project").  The Project will rehabilitate a road section of approximately 15km between the  cities of Kllokot and Gjilan and the upgrade of access roads for a total length  of approximately 11 km in the cities of Ferizaj, Gjilan and Prizren in south  and south-east of Kosovo . The Project will facilitate connection to these  cities which are important administrative and economic centres of the country.
Humania Hospitals Expansion A Commodity Murabaha financing in the amount of up to USD 20 million (the  "Facility") in favour of the operating subsidiaries of Humania North Africa  Holding Company, a holding platform incorporated in Dubai International  Financial Centre (DIFC) ("Humania"), with a 10 year tenor.  Bait Al Batterjee Medical Company Limited (the "Sponsor" or "BAB") is building  a healthcare platform ("Humania") focused on hospitals and clinics in North  Africa. The EBRD, together with the IFC (International Finance Cooperation),  OFID (OPEC Fund for International Development) and Finfund (Finnish Fund for  Industrial Cooperation Ltd.), will finance the platform's construction and  operation of (i) a greenfield general hospital in Alexandra, Egypt and (ii) a  greenfield general hospital in Casablanca, Morocco (collectively, the  "Project").
Karakalpakstan Solid Waste Project The provision of a sovereign loan of up to US$ 70 million (€ 57.8 million) to  the Republic of Uzbekistan for the benefit of Karakalpakstan Toza Hudud (the  "Project Company"), a state unitary enterprise owned by the State Committee for  Ecology and Environmental Protection (the "Committee"), to finance the  modernisation of solid waste management (SWM) infrastructure in Karakalpakstan  (the "Project").  The loan proceeds will be used to finance the construction of new EU  standards-compliant sanitary landfills, waste sorting plants, waste transfer  stations and the supply of special equipment and vehicles. The Project is  expected to bring significant health and environmental benefits and result in  greenhouse gas (GHG) emissions savings.
EaP SMEC II - InecoBank Provision of a senior loan to Inecobank ("IB") of up to USD 9 million under  the SME Competitiveness Programme in Eastern Partnership ("EaP SMEC")  established by the European Bank for Reconstruction and Development ("EBRD") in  cooperation with the European Union ("EU") to be on-lent to eligible micro,  small and medium sized enterprises ("MSMEs") to support their investments in  sustainable technologies as well as health and safety measures. At least 70 per  cent of all financed sub-loans are expected to be compliant with EBRD Green  Economy Transition ("GET") approach. In addition to long-term financing,  eligible sub-borrowers will benefit from investment incentives upon successful  completion of their investment projects.  The project will enable IB to finance long-term investments of Armenian MSMEs  in upgrading their production processes/equipment to achieve compliance with  the EU standards, including investments in sustainable and green technologies  and thus enhance the competitiveness of Armenian MSMEs in the European and  domestic markets.
Electrica Investment Programme RON equivalent of up to EUR 40 million loan in favour of Distributie Energie  Electrica Romania SA ("DEER" or the "Company" or the "Borrower"), a corporation  registered in Romania, in charge with the electricity distribution in three  regions of Romania. The loan will finance part of the company's capital  expenditures programme for 2021-2023 aimed at the modernisation and the upgrade  of the distribution network operated by DEER.  The project will focus on the upgrade of the network and improving the quality  of the service and safety of operations. Investment programme's priorities also  include digitalisation of the processes for improving users' experience,  investments in the smart grid and a mass roll-out of smart meters in the system.
PGE - Grid Enhancement for Renewables A loan of up to PLN 500 million to the Polish electricity utility Polska Grupa  Energetyczna S.A. ("PGE", or the "Company"). The debt financing will support an  investment programme of the Company's distribution business (the "Project") ,  PGE Dystrybucja S.A. ("PGE DSO"), in the period 2016-2019. The EBRD financing  will support PGE to implement grid investments that are critical to connect new  renewable energy capacity and to cope with the intermittent nature of their  production.  The EBRD financing will focus on electricity grid extension and modernisation  investments which are aimed at (i) increasing the connection capacity of new  renewable energy sources, (ii) improving the grid assets and management systems  related to the necessity to control dispersed generation and (iii) reduce  energy losses.
AMC V Project The proposed transaction is an equity commitment of up to EUR 40 million in  favour of AMC V SCA SICAV-RAIF (the "Fund").  The Fund will make structured debt and equity related investments in  established and growing mid-market companies across Central and Eastern Europe,  with the objective of achieving long-term capital appreciation.
Qair Wind - Rzepin Provision of a senior loan to finance the acquisition and operation of a 58 MW  portfolio of onshore windfarm in Rzepin, Poland (the "project"). The borrower  will be the special purpose company owning the wind farm QWP Rzepin  Sp. z o.o   (the "borrower").  The project will contribute to climate mitigation by adding wind generation  capacity to the national energy system, increasing the share of renewable  energy generation in Poland. In addition, the project will support the entry of  a new player in the Polish renewable energy market.
ViOil Group Loan The EBRD is providing debt financing of up to US$ 40 million in the form of a  syndicated senior secured revolving credit line to the Vioil Group, in order to  finance its working capital needs associated with the purchase of sunflower,  rape seeds and soya beans, and their primary processing into edible oil.  Null Value
Florian Group Project The provision of long-term financing to Lipovljani Lignum d.o.o. (the  Borrower), a key subsidiary of Florian S.p.A., a joint-stock company  incorporated in Italy, acting as a holding company for subsidiaries in Italy,  Croatia, France, and Hungary (Florian Group). Florian Group operates in the  hardwood processing industry through the production and sale of square-edged  boards, floorings and furniture.  The EBRD funding will be used to finance investments into resource efficiency  improvements through the construction of a pellet plant at the facilities of DI  Novoselec d.o.o., a subsidiary of the Borrower, and to support Florian Group's  move towards more value-added production.
TBC Leasing SME Loan Senior loan of up to EUR 6mn (or USD equivalent) to TBC Leasing under the  Financial Intermediary Framework (the "Framework").  The proceeds of the loan will be used to finance local SME lessees in  accordance with the terms and conditions set out in the Policy Statement under  the Framework, and in line with the objectives of the Framework.
Astarta WC Support Loan Provision of an additional  USD 10 million tranche to Astarta Group, one of the  leading agricultural companies in Ukraine, creating additional liquidity  cushion to mitigate a general risk of Ukrainian commercial banks reducing  exposure to corporate clients during the COVID-19 crisis. This follows a senior  secured long-term loan of up to USD 20 million to finance working capital  approved by the EBRD Board on 18 July 2018.  The loan will finance working capital needs of Astarta Group associated with  its farming, sugar and soybean processing operations.
Resilience Framework - CIB Egypt Provision of a senior unsecured loan to Commercial International Bank (CIB) of  up to USD 100 million, under the Bank's Resilience Framework (RF) developed to  address the ramifications of the COVID-19 pandemic.  Proceeds of the proposed loan will be on-lent to local private Small and Medium  Enterprises (SMEs), and to Corporates, supporting them in bridging liquidity  needs that may arise as a result of the pandemic.
Khan Bank MSME Loan A senior loan to Khan Bank of up to USD 30 million under the Financial  Intermediary Framework ("FIF") for financing private MSME clients in Mongolia.  The Project will channel long-term funding through one of the leading Mongolian  banks to local MSMEs, including those operating in the regions, thus ultimately  improving their access to finance.
Amman Bus Project Provision of up to JOD 10.3 million (~EUR 12.0 million) unsecured sub-sovereign  loan to GAM to finance the acquisition of 136 diesel Euro V buses (including  ancillary systems) as part of larger bus fleet expansion involving 151 buses  which include 15 electric buses as a pilot rollout of zero-emission public  transport vehicles in the city of Amman. The loan will be co-financed by a  capex grant of up to EUR 8.0 million from the Community Resilience ("CR") Sub  Account of the EBRD's SSF.  The city of Amman with a population of approx. 4.5 million, would like to  improve standards of the urban transport system, namely by expanding its bus  fleet through the purchase of up to 151 new buses with related bus depot  facilities. The proposed new bus fleet will involve 136 diesel Euro V buses (to  be financed under the Municipal Refugee Reslience Response ("MR3") framework)  and 15 electric buses (to be financed under the Green Cities Framework  ("GrCF")). The Project will serve new routes under the bus network plan  developed by GAM and will include a ticketing system and real-time information  systems compatible with their existing systems. The tender for the Project will  be launched in December 2020.   It is intended that the bus fleet will be purchased by GAM and leased to a  private sector operator which will be responsible for the depot facilities and  warranty and maintenance obligations for the fleet and be paid through a public  service contract ("PSC") with Amman Vision for Transport (the municipal company  responsible for transport operations) under a gross-cost arrangement.  This transaction marks the first intervention with GAM on urban transport  infrastructure, which is expected to significantly improve the quality of  transport services in the city, while advancing the Bank's transition mandate.  The Project will i) adopt a well-governed PSC between GAM and the operator  responsible for bus operations, and ii) enhance the City's resilience in the  face of the Syrian refugee crisis, which increased pressure on municipal  infrastructure and services.
Estonia Covered Bonds Investment of up to EUR 70 million in a series of covered bonds issued by AS  LHV Pank ("LHV") under its Covered Bond Programme ("programme") over a period  of 3 years and admitted for trading on the Irish Stock Exchange. EBRD's  investment in each issue will be limited to up to 20% of the aggregate  principal amount of each issue.  On 02 June 2020, EBRD invested EUR 37 million in the first covered bond  issuance of EUR 250 million under the programme.  The objective of the project is to support the establishment of a still novel  capital market instrument in Estonia. The project supports the second ever  issuance of covered bonds in Estonia and it is fully consistent with Bank's  policy engagement aimed at development of regional capital markets in the  Baltics.
SWIFT Constanta sub-project EUR 5 million loan extension to Raja SA combined with amendments to harmonise  the Company's existing EUR 25 million loan under the SWIFT Framework. The new  loan will be fully aligned with the original project and will: i) co-finance  alongside EU Cohesion Funds the extension and modernisation of the company's  water and wastewater infrastructure and services and ii) finance a loss  reduction programme with private sector participation.  The project aims are twofold: i) to enable RAJA and the counties in which it is  active to bring their water and wastewater services in line with EU  environmental standards by cofinancing the extension and rehabilitation of the  company's water and wastewater network alongside the EU, and ii) assist RAJA in  reducing its non-revenue water by involving the private sector under a  performance-based contract.
Bank of Africa (BMCE) - SME Line Provision of up to EUR 50m of debt financing to Bank of Africa (BOA) for  on-lending to small and medium-sized enterprises (SMEs) in Morocco.  The project will contribute to building a more competitive and resilient  economy in Morocco by supporting SME financing.
KEGOC bond Project A participation of up to KZT 6 billion in a 15-year senior unsecured  KZT-denominated bond of KZT 35bn to be issued by Kazakhstan Electricity Grid  Operating Company JSC (KEGOC).  The company is responsible for the transmission  and dispatch of the electrical power, and ensures the stability and reliability  of the high voltage Unified Power System of Kazakhstan.  Proceeds from the Bank's investment will be used to rehabilitate overhead  transmission lines in KEGOC's Aktobe, Western and Sarbay networks, contributing  to a stable and reliable grid, enabling scaling up of renewable energy  generation capacity and reducing transmission losses.
Kredim Project The transaction is a primary direct equity investment of EUR 3.9m into the  share capital of Turk Finansman A.S. ("Kredim"). Other investors include CCL  Investments SaRL ("CEECAT Capital"), a private equity fund focused on Emerging  Europe, Alpha Associates and Revo Capital, with total financing amount of EUR  10.9m.   The investment is a part total equity investment of EUR 13.7m, into Param  Group, including Kredim and Turk Elektronik Para A.S. ("Param"). Total  financing amount of the EBRD and co-investors is EUR 38m.  The investment will enable Kredim to launch buy-now-pay-later ("BNPL") service.
Datagroup Ukraine Loan in the value of up to USD 65 million to Datagroup Holdings Limited and  PJSC Datagroup.  With its investment, the EBRD will finance the acquisition of Volia, Ukraine's  leading retail TV and internet provider, by Datagroup, a Ukrainian telecom  operator providing corporate data and wholesale services.
RLF - Grain Alliance Logistics Provision of a senior secured loan of up to EUR 10 million to Transped s.r.o.,  a Slovakian subsidiary (the "Borrower") of the Grain Alliance Group (the  "Group"). The Loan will be provided under the Resilience and Livelihoods  Framework.   The proceeds of the Loan will be used to finance the upgrade and expansion of  storage and transhipment capacity of the grain terminal and purchase of  trucks and locomotives in Slovakia, as well as purchase of grain hoppers in  Ukraine (the "Project").  Given the war on Ukraine, blockage of Ukrainian sea ports and related  disruption of grain export logistics from Ukraine, the Project implementation  will contribute to the smooth and secured grain logistics from Ukrainian  elevators of the Group to the Slovakian terminal and then to final customers.
Ford Otosan EV Syndicated Loan The EBRD originally provided EUR 650 million long-term loan to Ford Otomotiv  Sanayi A.S. (the "Company", or "Ford Otosan") (the "Original Loan") to finance  the Company's investment programme for upgrading its next generation one-tonne  commercial vehicle, which will include majority battery electrical vehicles  ("BEV") and plug-in hybrid electrical vehicle ("PHEV") variants, in its  production plants in Kocaeli, Turkey.  The EBRD provided an additional long-term unsecured senior loan of up to EUR  200m to Ford Otosan (the "Extension Loan") to support the Company to finance  the investments envisaged under the investment programme for 2023, wherein the  same investment programme was partially financed by EBRD in 2021.  The proceeds of the financing will be used by the Company for the capex needs  of the next generation one-tonne commercial vehicle. The Project will help Ford  Otosan to transform its Kocaeli facilities to become the first and only  integrated production centre for the assembly of electric vehicles in Turkey.  This is in line with EBRD's Strategy for Turkey as it supports (i) higher  value-added activities and (ii) increased energy and resource efficiency. The  Project is also aligned with the EBRD's Green Economy Transition Approach.
BCR senior non-preferred bonds The EBRD invested RON 125 million (EUR 26 million equivalent) in the inaugural  senior non-preferred (SNP) bonds issued by Banca Comerciala Romana ("BCR"), as  part of a total issuance of RON 600 million.  This was the first senior non-preferred bond issuance by a bank in Romania  and EBRD's countries of operation, following the implementation of the EU Bank  Recovery and Resolution Directive, designed to make banking systems more  robust. This would allow the bonds to qualify for minimum requirements for own  funds and eligible liabilities (MREL), to be set by the National Bank of  Romania for BCR. The bonds have a 7-year maturity and were listed on the  Bucharest Stock Exchange.  The EBRD further invested RON 735.5 million in the bank's subsequent  issuances, all listed on the Bucharest Stock Exchange:  -      In May 2021 EBRD invested RON 300 million in BCR's second SNP RON 1  billion issuance.  -      In October 2021 EBRD invested RON 75 million in BCR's first Senior  Preferred (SP) as well as first Green Bond issuance under Erste's Green Bond  Framework (GBF), aligned with the Green Bond Principles of the International  Capital Market Association. Bonds were also listed on Vienna Stock Exchange.  -      In December 2021 EBRD invested RON 56 million in BCR's third SNP bond  issuance.  -      In March 2022 EBRD invested RON 65 million in BCR's forth SNP bond  issuance.  -      In June 2022 EBRD invested RON 210.5 million in BCR's fifth SNP bond  issuance in a Green Bond format.  -      In October 2022 EBRD invested RON 29 million in BCR's sixth SNP bond  issuance.  EBRD's total investments stands at RON 860.5 million.  With these investments, the EBRD supported the resilience and regulatory  compliance of the second largest bank in Romania, as well as contributed to the  capital market development of the country.  The senior non-preferred and senior preferred bonds facilitate BCR's  compliance with regulatory requirements for bail-in-able instruments, support  the diversification of the bank's funding base providers and add to BCR's  resilience to market or regulatory shocks, ultimately increasing its long-term  sustainability.  EBRD's participation as a steady investor contributed to the mobilization of  local institutional investors, supported BCR in successfully placing the bonds  issuances and helped deliver under the Bank's green agenda in the country and  under the national green economy priorities.
Bank Al Etihad Subordinated Loan The EBRD has provided a subordinated loan of JOD 21.3 million to Bank Al Etihad  ("BAE") to support the bank's growth plans and on-lending to private local SMEs.  The subordinated loan will strengthen the capital base of BAE to support  planned growth and the financing of SMEs in the local market.
Green for Growth Fund: A-Shares The proposed transaction is a re-investment of up to EUR 20 million in senior  A-class shares of GGF.  The proceeds of EBRD's investment will be used for on-lending to financial and  non-financial partner institutions ("PIs") in accordance with the Fund's  investment guidelines. The loans to PIs are in the form of senior debt,  subordinated debt and guarantees, and aim to fund Energy Efficiency ("EE"),  Resource Efficiency ("RE") and renewable energy projects across the Fund's  target region, including Southeast Europe, the East and South European  Neighbourhood Region ("ENR").