# Commission Implementing Decision of 19 March 2014 on the adoption of the LIFE multiannual work programme for 2014-17 (Text with EEA relevance) (2014/203/EU), Division: Expected outcomes specific to PF4EE

Extent: E+W+S+N.I.

Under the PF4EE approximately 6-10 financing agreements (EIB Loans for EE and Risk Sharing/Expert support Facilities) could be signed with financial intermediaries in the period 2014-17. A financing agreement may cover the implementation of the financial instrument in more than one MS and a financial intermediary may sign more than one financing agreement.
It is expected that over the lifetime of the programme (2014-17), assuming an average investment cost of EUR 300 000, up to some 1 800 final recipients and projects will receive a total loan financing of approximately EUR 430 million. The total investment in EE over this period could be at around EUR 540 million.
The estimate leverage of the value of the loan portfolio to the LIFE provision is 6 fold. Taking into account the possible contribution of final recipients to project costs in the order of 25 %, the leverage of total investment to the LIFE provision could be at up to 8 fold.

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Source: https://www.legislation.gov.uk/eudn/2014/203/annex/division/7/division/3/division/5 (the official version)
Page: https://openlegislation.uk/eu-decision-2014-203/annex/division-7/division-3/division-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.