EFSI Info-session for the Flemish Region

Maat: px

Weergave met pagina beginnen:

Download "EFSI Info-session for the Flemish Region"

Suzanna de clercq
8 jaren geleden
Aantal bezoeken:

1 EFSI Info-session for the Flemish Region Publieke financiering van infrastructuurprojecten voor transport, ziekenhuizen, onderwijs, water en energie,... Brussels, 14 September

2 Eligibility voor EFSI projecten: Welke sectoren/projecten mag EIB financieren? Klassieke EIB sectoren: strategische infrastructuur, innovaee en kenniseconomie, klimaatacee en KMO s Uitgesloten sectoren idem Commercial Real Estate (ook sociale woinginbouw voor verkoop) Gesloten instellingen KatalyEsch effect Wapenhandel Tabak en alcohol Publieke investering met substaneële private inbreng Niet: lening aan regio/gemeenschap Wel: intercommunalen met ontvangsten van gebruikers (water, energie, afval..) 2

idem Commercial Real Estate (ook sociale woinginbouw voor verkoop) Gesloten instellingen KatalyEsch effect Wapenhandel Tabak

3 AddiEonality van EFSI projecten: Voor EIB: geen klasieke EIB- leningen (versus: Wat niet zou gefinancierd kunnen worden zonder EFSI) Hoger risico (Interne raeng minder dan D- ; externe raeng BBB- of minder) Was vroeger ook mogelijk onder Special AcEvity. Nu veel groter volume (400%) Voorbeelden: PF/PPP : Offshore Wind Risk Sharing: Innovfin UCB Mezzanine/Sub- ordinated loans/project Bonds: A11 Guarantees: pordolios van KMO- leningen 3

vroeger ook mogelijk onder Special AcEvity.

4 AddiEonality van EFSI projecten: Hoger risico Nieuwe instrumenten De- linking: SaarLB Rechtstreekse lening aan een fonds (Non Bank Financial InEtuEon): Qredits Semi- publiek fonds voor investeringen voor energiezuinige woningen 4

een fonds (Non Bank Financial InEtuEon): Qredits Semi-

5 Criteria: Zelfde goedkeuring als klassieke EIB- leningen met bijkomende goedkeuring EFSI investment commihee Zelfde pricing en risicopremie als voor klassieke leningen Cost of funding Voordeel van AAA- raeng Zelfde CRPG en risicopremie Risico- inschaing EIB via Internal RaEng System (markt- conform) Geen liquiditeitspremie EIB = non- for- profit 5

Cost of funding Voordeel van AAA- raeng Zelfde CRPG en risicopremie Risico- inschaing

6 Te volgen procedure: Aanvraag lening via direct contact EIB of via PMV Eerste screening en PIN Goedkeuring Member State en EU- Com EIB Management Commihee EFSI Investment Commihee EIB Board of Directors Loan negoeaeon 6

Goedkeuring Member State en EU- Com EIB Management

7 Volume/Budget EIB: EUR 70 miljard nieuwe leningen per jaar Vroeger 5% Special acevity (hoger risico) Nu 20% EFSI (hoger risico) Budget voor België: EUR 2 miljard Target EFSI: EUR 400m (alle sectoren) 7

8 Volume in België Public 750 Sociale woningbouw 100 Healthcare 120 Water 450 Transport 80 Corporate 250 Banks 650 Project Finance 250 Public 730 Sociale woningbouw 100 Healthcare 230 Water 400 Corporate 350 Banks 800 Project Finance 310 8

Project Finance 250 Public 730 Sociale woningbouw 100

9 Key messages: General Impact-oriented operations: Objective to maximise economic impact in EU (project investment cost) Flexible, diverse products: Adapted to client s needs Risk-absorbing to trigger investments with higher risk profile (additionality), but economically and technically viable (bankability) Eligibility criteria mostly defined in terms of sectors Maximising private finance / capital All 28 MS coverage Focus on employment creation and retention Application for EIB loan directly to EIB / EIB partner institution, no separate project list / route via authority or government

(bankability) Eligibility criteria mostly defined in terms of sectors Maximising private finance / capital All 28 MS coverage Focus on employment

10 Key messages: EIB value added EFSI guarantee will enhance substantially EIB s risk bearing capacity Portfolio guarantee and NOT a transaction specific guarantee => same procedures and standards (including pricing) as for EIB normal operations. Main benefits of EFSI: (i) larger ticket sizes, (ii) new products (notably in subordinated debt/equity-type financing: risk sharing, contingent loans, equitytype financing), (iii) scalable risk sharing instruments with commercial banks as well as national promotional banks and (iv) financing to new client groups (e.g in the field of mid-caps, turn-around financing, lower rated banks, investment platforms). Pricing for each project determined based on its individual risk profile, in a manner commensurate with the risk taken. Debt-type products shall be priced in line with EIB s loan pricing methodology. Equity-type investments shall be priced in line with the market, absent which market testing or benchmarking shall be used. Sound banking practices. In particular, CRPGs apply.

Main benefits of EFSI: (i) larger ticket sizes, (ii) new products (notably in subordinated debt/equity-type financing: risk sharing, contingent loans, equitytype financing), (iii) scalable risk

11 Mobilising new investment EFSI EIB Group 11

12 Q & A Thank you! 12

Vergelijkbare documenten

Nu ook in NLD European Investment Bank Group

De European Investment Bank De bank van de EU Nu ook in NLD European Investment Bank Group 1 Disclaimer This presentation is for information purposes only. This document is an outline of the principal