Division (c) Infrastructure and Innovation Window - Equity Type Sub-window

For equity-type operations, the EU guarantee may be used to support direct investments in individual companies or projects (Equity-Type Direct Investments) or financing for funds or analogous portfolio risks (Equity-Type Portfolio), provided that the EIB invests on a pari passu basis for its own risk as well. F1The determination whether an operation bears equity-type risks or not, irrespective of its legal form and nomenclature, shall be based on the EIB’s or the EIF’s standard assessment.

The EIB’s equity-type operations shall be carried out in accordance with the EIB’s or the EIF’s internal rules and procedures. All relevant information for the assessment of the operation shall be made available to the members of the Steering Board and of the Investment Committee.

Equity-type investments shall be priced in line with Article 4(2)(a)(iv).