Organization Details

Name: European Guarantee for Renewable Energy (EGRE) – Non-Sovereign (Cassa Depositi e Prestiti (CDP))

Website: https://www.cdp.it/resources/cms/documents/Scheda%20Progetto_Sito%20Coop.Int_EGRE%20ENG.pdf

Description: The European Guarantee for Renewable Energy (EGRE) - Non-Sovereign, led by the Italian Development Financial Institution Cassa Depositi e Prestiti, provides partial risk offtake guarantees to power producers through a financial intermediary. The guarantees cover non-sovereign risk where no counter-guarantee from the host government is available. It is part of a European collaborative platform for guarantees jointly proposed by the French Development Agency (AFD), KfW (the German Development Bank), CDP, and EIB (the European Investment Bank).

HQ: Italy

ESG Category: None

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