📋 Tender Overview
Reference: 20240940
Release date: 14 May 2025
Promoter – Financial Intermediary
PRIVATE ENTITY(IES)
Location
Regional - Asia
Description
Team Europe investment to support a European asset manager to expand its investment operations into emerging Asia with a focus on sustainable infrastructure, in particular renewable energy, as well as digital and social infrastructure, sectors pivotal in advancing the green and digital transitions under the EU's Global Gateway strategy. By focusing on these sectors, the fund directly contributes to the goals outlined in the MIPs, promoting sustainable development and regional integration.
Objectives
The Fund will predominantly target greenfield infrastructure investments in renewable energy, as well as digital and social infrastructure emerging Asia. The Fund is expected to have a strong focus on financing and supporting climate action and environmental sustainability in the target region.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Solid waste - Water supply; sewerage, waste management and remediation activities
Transport - Transportation and storage
Services - Information and communication
Proposed EIB finance (Approximate amount)
USD 75 million (EUR 67 million)
Total cost (Approximate amount)
USD 300 million (EUR 270 million)
Environmental aspects
The Fund will be required to have an environmental and social policy and the appropriate management systems in place so as to comply with the EIB's environmental and social requirements. The assessment of the environmental, climate and social impacts and risks will be part of the standard due diligence process that the fund will have to carry out for each portfolio company and any underlying investment and, thereby ensuring that the portfolio and these investments are in compliance with national law and in line with the principles and standards of relevant EU environmental legislation as well as the EIB's Environmental and Social Standards.
Procurement
The EIB will require the Fund Manager to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.
Status
Under appraisal - 1/04/2025
