oesterreichische entwicklungsbank ag – development bank of ... · wind farm bhoruka power (india)...
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March 2019
Oesterreichische Entwicklungsbank AG –Development Bank of Austria
Mandated by the Austrian Government as
the official Development Bank of Austria
Finances investments of private
companies in developing and emerging
countries
OeEB is a member of the 15 European
Development Finance Institutions
(EDFIs) with a total committed portfolio of
EUR 37.2 bn. in 2017 (EBRD: 41,4 bn.,
IFC: USD 55 bn.)
Key Figures 2018
New commitments
(Financing & Equity)
EUR 275.5 mn.
Committed Portfolio
(Financing & Equity)
EUR 1.19 bn.
Total assets EUR 835.7 mn.
Operating profit EUR 9.9 mn.
Profit for the year EUR 6.8 mn.
Staff 60
Standard & Poor‘s
Rating
AA+
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OeEB at a glance
preliminary figures as of 31/12/2018
1,618 MW newly installed
power generation capacity from
renewable sources
Development Effects
Loans for 76,000micro-, small and
medium-sizedenterprises
Training measuresfor
8,800 people
280,000people are
employed in projects financed
by OeEB
EUR 154 millionfor projects in
Least Developed Countries
EUR 468 millioninvested in
climate-friendlyprojects
3as of 31/12/2017
The Sustainable Development Goals
(SDGs) serve as central points of
reference for our work and strategic
positioning
Our projects especially contribute to SDG
1 (ending poverty), SDG 7 (affordable &
clean energy), SDG 8 (decent work &
economic growth), but also to SDG 9
(sustainable infrastructure) and SDG 13
(climate action)
Our contribution to achieving the SDGs
Renewable Energy
Financial Inclusion / MSMEs
Infrastructure (transport, supply & disposal, information & communication)
Our strategic focus 2019-2023
Cross-cutting
goals:
gender
mainstreaming
sustainable
development &
climate protection
Our project requirements
A potential project shall
be located in a developing country (according to OECD DAC-list)
be predominately in the private sector (PPP possible)
be commercially self-supporting (profitable)
demonstrate positive development effects for the host country (e.g. creation of
jobs, investments in renewable energy, resource efficiency…)
fulfil international best practice environmental & social standards
OeEB is not tied to Austrian investments and/or supplies and services –
however, OeEB takes into consideration Austrian foreign policy and foreign
economic interests.
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Our instruments
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Investment
Finance (IF)
Long-term loans, subordinatedloans, riskparticipations in EUR, USD
To corporates, special purposevehicles, tofinancial instituions
Equity
Participations
(EP)
Equity participations in private equity funds or companies in USD, EUR
Shareholding amounts to a maximum of 25%
Business
Advisory
Services (BAS)
Non-refundablefunds
Measures to enhance developmental impact of OeEB-financed projects (trainings, capacity building, …)
India – Access to renewable energy capacities India is the country with the third largest CO2 emission with continued
economic and population growth and a further increasing electricity demand
the government plans to increase the renewable energy capacities until
2022 to 175 GW to meet the increasing energy demand and to reduce CO2
emissions
thereof 100 GW are based on solar energy (40 MW solar roof systems, 60
MW grid connected PV solar systems)
thereof 60 GW are based on wind energy
thereof 10 GW are based on biomass
In India more than 300 million people have still no access to energy
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OeEB participates in the financing of over 500 small-scale solar power
and solar rooftop projects with a total capacity of 200 MW
The aim is to improve energy supply and reduce dependence on fossil
fuels by using the country’s huge potential for solar power
Indian government aims to achieve 100 GW of power capacity
generated from solar energy by 2022 – 40% thereof from
solar rooftops or small-scale solar parks
Financing:
In total: USD 135 million
OeEB Financing: USD 20 million
Financing partners: IFC, FMO, Proparco
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Azure Power Rooftop (India)
Construction of a 49 MW wind farm in Karnataka (Southern India)
Non refundable funds for improving Bhoruka Power’s environmental & social
management according to IFC Performance Standards
Improvement of India’s energy supply and reduction of
dependence on energy imports
Financing:
In total: EUR 22 million
OeEB investment: EUR 9.24 million
Financing partner: DEG
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Wind farm Bhoruka Power (India)
Long-term credit line to Yes Bank Limited for the financing of private-sector
wind and solar power projects in India
Important contribution to reducing CO2 emissions and to improving energy
supply which is essential for India's further economic
development
Broad customer base, large branch network and many
years of experience in financing renewable energy
projects make Yes Bank an ideal partner
OeEB Financing: USD 30 million
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Yes Bank Limited (India)
Long-term credit line to PTC India Financial Services for the financing of
renewable energy and energy efficiency projects in India
OeEB's funds enable PTC to extend its lending activities in the field of
renewable energy and energy efficiency which contributes to
improving the country’s energy supply
OeEB Technical Assistance funds support PTC in expanding
its Environmental & Social Management System (ESMS)
OeEB Financing: USD 20 million
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PTC India Financial Services (India)
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Thank you!
OeEB
Oesterreichische Entwicklungsbank AG
Strauchgasse 3
1011 Vienna
Austria
Tel. +43 1 533 12 00-0
Fax +43 1 533 12 00-5252
www.oe-eb.at
www.twitter.com/OeEB_Austria
Funding tomorrowʼs prosperity.