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EIB Projects & Best Practices Francesco Ferrero / Alexander Antonyuk Ljubljana, Three Seas Initiative, June 2019 1
EIB Projects & Best Practices
Francesco Ferrero / Alexander Antonyuk
Ljubljana, Three Seas Initiative, June 2019
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European Investment Bank – a publicly owned Bank is:
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A public institution
• The EU Bank: non-profit institution which cooperates with other EU Institutions.
• Strong collaboration with the European Commission (blending/ advisory/ EFSI)
• Invests into projects that contribute to EU policy objectives
A Bank
• AAA-rated
• Independent in borrowing and lending decisions
• Invests in technically sound and financially viable projects
• We work in the market with other investors (crowding-in)
The EIB at a glance
‣ Largest multilateral lender and borrower in the world ‣ We raise our funds on the international capital markets ‣ We pass on favourable borrowing conditions to clients
‣ Some 450 projects each year in over 160 countries
‣ European Investment Fund (EIF) is part of the EIB Group specializing in supporting SMEs.
‣ Headquartered in Luxembourg with 40 local offices
‣ Around 3 400 staff: ‣ Not only finance professionals, but also engineers, sector
economists and socio-environmental experts ‣ 60 years of experience in financing projects
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EIB Group financing in 2018 by regions
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EFTA & Enlargement
Countries
€ 1.9bn
Eastern Neighbours
€ 0.6bn
Africa, Caribbean,
and the Pacific
€ 1.7bn
Asia and Latin America
€ 1.7bn Mediterranean
€ 2.2bn
European Union
€ 56.1bn
Outside EU
€ 8.1bn
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USD100bn
2016-2020
Financing: € ~100bn
European Fund for Strategic Investments (EFSI)
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EU Guarantee € 26bn EIB € 7.5bn
Infrastructure and Innovation Window SME Window
Deployed by EIF
Final investments: € 500bn
EFSI - European Fund for Strategic Investments € 33.5bn
Deployed by EIB
EIB project cycle
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We support sound and sustainable projects
EIB project cycle
Step 1 Proposal
Step 2 Appraisal
Step 3 Approval
Step 4 Signature
Step 5 Disbursement
Step 6 Monitoring
and reporting
Step 7 Repayment
• Financial • Economic • Social • Environmental • Technical
assessment
• EIB Management Committee
• Investment Committee (for operations potentially benefiting from an EU guarantee under EFSI)
• EIB Board of Directors
Our approach to Transport Innovation Areas of investments
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• Innovative SMEs/Midcaps • Public Transport & Rail
Transport services • Digital Platform (Logistics,
Multimodal, Congestion, etc.)
Vehicles & Manufacturing
Infrastructure (I/S)
Mobility Services
RDI
• Innovative SMEs/Midcaps • Airport, port & road infrastructure • Preparation of physical I/S (specific
marking, signalisation, etc.) • Digital infrastructure (Congestion,
ETC, C-ITS, etc.) Alternative Fuel charging/fueling infrastructure
• Cleaner technology (AF techno powertrain)
• Increase safety • Connected & automated • Limited number of vehicles
pilot projects
• Innovative SMEs/ Midcaps • Buses, Subway and Train • EU Regional Aircraft • Cleaner technology captive
fleets (EV, Fuel cells, etc.) • Manufacturing: OEM or
Supplier
DARS - Free Flow Tolling System - 1
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EUR 51m loan for the purchase and implementation of electronic toll collection (“ETC”) system for heavy vehicles (>3.5 tonnes).
Loan to DARS, the State-owned motorway operator, assisted by EFSI (portfolio) guarantee.
DarsGo units (installed inside vehicles) and road gantries allow completely automatic tolling, with price based on the distance driven.
The system applies to the entirety of Slovenian motorways, and supports inter-operability with other countries.
DARS - Free Flow Tolling System - 2
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Positive environmental impact (removing the local pollution and congestion at the physical toll barriers).
Supports application of “user pays” and “polluter pays” principles (sustainable mobility in EU policy).
Integrated with data system of the company, allowing streamlining of internal processes and increased efficiency.
Well-prepared project assessment, to explain and model project benefits.
Project Structures (Energy PCIs)
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Thank you!
More information at: www.eib.org
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