RenewEU De-Risking Framework

concept reviewed

A EUR 750 million framework consisting of EBRD loans supported by InvestEU first loss guarantees to be extended to primarily private companies for investments in renewable energy generation, battery storage systems, and grids upgrades in support of electrification and decarbonisation within the EU. The Framework will support Green Economy Transition investments in green energy projects in the EBRD Countries of Operations - EU Member States (Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia, Romania). The Framework, with the support of the InvestEU guarantee, will enable the bankability of more risky and impactful transactions targeting to scale-up RES generation (wind and solar PV), Battery Energy Storage Systems ("BESS") as well as grid upgrades (TSO and DSO, smart grids etc) in line with the Bank's priorities under the Energy Sector Strategy and EU priorities. The InvestEU first loss guarantee will encourage delivery of innovative investments, addressing market failures and sub-optimal investment situations. Minimum and maximum principal amount of an InvestEU supported tranche is set at EUR 1 million and EUR 50 million (or the equivalent in another currency of EBRD Countries of Operations - EU Member States, "EBRD's EU CoOs").