Question 1

What are the key details for the project “Project Emerald”?

Accepted Answer

The project “Project Emerald” is an infrastructure initiative in the Warehouse sector, located in Poland. Taiyo aggregates data on it from International Finance Corporation (IFC).

Question 2

What is the latest status of the project “Project Emerald”?

Accepted Answer

The status recorded for “Project Emerald” is active.

Question 3

Who are the main government, EPC, and private stakeholders for “Project Emerald”?

Accepted Answer

Taiyo maps the stakeholders of “Project Emerald”: government bodies (International Finance Corporation (IFC)), banks/investors (VeloBank).

Question 4

What is the budget and commercial profile for the project “Project Emerald”?

Accepted Answer

Taiyo normalizes the budget of “Project Emerald” to USD 35000000.

Question 5

Where can I verify the source and access all details for “Project Emerald”?

Accepted Answer

This Taiyo project page references International Finance Corporation (IFC) along with the original URL (https://disclosures.ifc.org/project-detail/SII/49175/project-emerald). Taiyo standardizes official data into a consistent, searchable project profile.

Sponsoring Agency	Obfuscated Data
Company	Obfuscated Data

Original status	active
Taiyo status	Obfuscated Data
Taiyo last update	00-00-0000
Available timestamps	00-00-0000
Available timestamp type	Obfuscated Data

Contact name	Obfuscated Data
Phone	0000000000
Email	ObfuscatedData@email.com
Address	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description	The proposed project is an equity investment of up to US$35 million in VeloBank S.A. (VeloBank or Bank) for an ownership stake of up to 9.9 percent. VeloBank is the bridge bank resulting from the resolution of Getin Noble Bank S.A. (GNB) in September 2022 and currently stands as the 9th largest bank in the country. An affiliate of Cerberus Capital Management L.P. (Cerberus) has signed an agreement with the Bank Guarantee Fund (BFG), Poland’s Resolution Authority, to purchase 100 percent of the shares of VeloBank and to recapitalize the Bank to meet regulatory requirements. The transaction's completion, subject to obtaining the necessary approvals, is expected to occur in mid-2024. IFC would participate in the equity transaction alongside Cerberus.
Original sub-sector	Obfuscated
Original Currency	USD
Original budget	000000000000000
Procurement method	Obfuscated Data
Budget	000000000000000

Region	Obfuscated
Country	Obfuscated
State	Obfuscated Data
County	Obfuscated
Location	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

Project Type	Obfuscated Data
Article Published Date	Obfuscated Data

Project Emerald

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