How does a project get EFSI financing?

How does a project get EFSI financing?

Who can apply for EFSI financing?

  • Entities of all sizes, including utilities, special purpose vehicles or project companies, small and medium-sized enterprises (with up to 250 employees) and midcaps (with up to 3 000 employees)
  • Public sector entities
  • National promotional banks or other banks to deliver intermediated lending
  • Funds and any other form of collective investment vehicles
  • Bespoke investment platforms

How are projects selected?

To benefit from EFSI support need to go through the standard EIB due diligence as well as an assessment by the EFSI Investment Committee to decide whether they are eligible for backing under the EU guarantee.

In particular, projects need to be:

  • Economically and technically sound
  • Match the eligible sectors
  • Contributing to EU objectives and to sustainable growth and employment
  • Mature enough to be bankable
  • Priced in a manner commensurate with the risk taken

How should promoters present their projects for EFSI financing?

Project promoters should follow the usual EIB loan application procedures. SMEs and Midcaps interested in EFSI transactions financed via the EIF should refer to information on EIF financial intermediaries.

How should financial institutions offering financial products to smaller businesses apply for EFSI financing?

Financial institutions seeking to apply for EFSI resources should refer to the EIF directly.

For more information on EIF’s activities under EFSI see:

The European Fund for Strategic Investments

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Years of crisis have posed a threat to Europe’s potential for innovative growth and dulled our competitive edge. Competitiveness relies on investment. In Europe, good projects currently struggle to find investment. Money is available in the system but economic uncertainty stops many investors from taking risks. The Investment Plan for Europe is putting our money back to work – for the benefit of all Europeans.

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