KfW IPEX-Bank GmbH (FY 2022)

Signing Date 03 Mar 2008
Region of Headquarters: Europe
Current EPFI Reporting Year/Period: FY 2022
Institutional Reporting: Link to Report

 

Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.

Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.

Project Finance Advisory Services

Total number mandated in the reporting period: 0

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 16

Equator Principles Category A1 B2 C3
Sector
Mining 1
Infrastructure 1 3 2
Oil & Gas
Power 2 6 1
Others
Region
Americas 4
Europe, Middle East & Africa 2 3 3
Asia Pacific 1 3
Country Designation
Designated Country 4 3 10 3
Non Designated Country
Both
Independent Review
Yes 3 8
No 2 3
Totals 3 10 3
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.

Project-related Refinance & Project-related Acquisition For Project Finance

This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Vantage Frankfurt I Infrastructure Germany 2022
2 Vantage Stellar2 Infrastructure Germany 2022
3 Wheatland Wind Project Power Canada 2022
4 Stirling Wind Project Power Canada 2022
5 Stöllsäterberget Onshore Wind Farm Power Sweden 2022
6 Sunprime Fotvoltaica Power Italy 2022
7 Snapper Point Power Station and Lincoln Gap Windfarm 1&2 Power Australia 2022
8 Golden Plains Windfarm Power Australia 2022
9 Sydney Metro Western Sydney Airport – Stations, Systems, Trains, Operations and Maintenance (SSTOM) PPP Project Infrastructure Australia 2022
10 Jenner Wind Projects Power Canada 2022
11 Rv. 555 Sotrasambandet Infrastructure Norway 2022

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 5

Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 8

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 2 2
Oil & Gas
Power 2
Others 1 1
Region
Americas 1
Europe, Middle East & Africa 2 5
Asia Pacific
Country Designation
Designated Country 4 1 1 5
Non Designated Country 1
Both
Independent Review
Yes 2
No 1 5
Totals 1 2 5
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.

Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans

This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Regional Train Network Heidekrautbahn Infrastructure Germany 2022
2 Metro-Train City of Stuttgart Infrastructure Germany 2022
3 BR2 Endless Casting and Rolling Line Others United States 2022

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 5

Under EP4, project name reporting is encouraged for Project-Related Corporate Loans that have reached Financial Close and required for Project Finance transactions that have reached Financial Close.

EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Implementation of the Equator Principles

Every Project Manager is responsible for the ESDD of each financing. The ESDD is part of the credit process in which the credit committee is responsible for the credit approval. For Cat. A or B as appropriate categorized projects a dedicated risk assessment made by environmental & social experts of KfW Group or other external experts is compulsory.

Further information about KfW IPEX-Bank´s implementation of the EPs can be found here: Sustainability Guideline of KfW IPEX-Bank (kfw-ipex-bank.de).