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Commission Implementing Decision (EU) 2015/1214 of 22 July 2015 creating the European Investment Project Portal and setting out its technical specifications

Commission Implementing Decision (EU) 2015/1214 of 22 July 2015 creating the European Investment Project Portal and setting out its technical specifications

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) 2015/1017 of the European Parliament and of the Council of 25 June 2015 on the European Fund for Strategic Investments, the European Investment Advisory Hub and the European Investment Project Portal and amending Regulations (EU) No 1291/2013 and (EU) No 1316/2013 — the European Fund for Strategic Investments(1), and in particular Article 15(1) thereof,

Whereas:

  1. Regulation (EU) 2015/1017 entrusts the Commission with the responsibility to create, with the support of the European Investment Bank (EIB), a European Investment Project Portal.

  2. The technical specifications of the European Investment Project Portal should be set out,

HAS ADOPTED THIS DECISION:

Article 1

The European Investment Project Portal (EIPP) is created.

Its technical specifications, as set out in the Annex, are adopted.

Article 2

The inclusion of projects in the EIPP shall comply with the following admission criteria:

  1. the project (or the programme consisting of smaller projects) shall have a minimum size of EUR 10 000 000 in terms of required investments;

  2. the project shall fall within one of the sectors listed in Article 9(2) of Regulation (EU) 2015/1017;

  3. the promoter shall be a legal entity established in a Member State;

  4. the project shall be compatible with Union law and the law of the relevant Member State;

  5. the project implementation shall be expected to start within three years from the submission to the EIPP.

Article 3

A project application processing fee of up to EUR 250 per project shall be charged to private project promoters.

Public sector project promoters shall be exempt from this fee.

The fee revenue shall give rise to the provision of additional appropriations in accordance with Article 21(4) of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council(2) and Article 15(4) of Regulation (EU) 2015/1017.

Article 4

This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

ANNEX