Oesterreichische Entwicklungsbank AG – Development Bank of ... · Wind farm Bhoruka Power (India)...

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+

2

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.

6

Our instruments

7

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

8

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

9

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

10

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

11

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

12

PTC India Financial Services (India)

13

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

office@oe-eb.at

www.oe-eb.at

www.twitter.com/OeEB_Austria

Funding tomorrowʼs prosperity.