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    Summary sheet

    Release date
    5 October 2016
    Status
    Reference
    Approved | 15/11/2016
    20160655
    Project name
    Promoter - financial intermediary
    MIDCAP PROGRAMME LOAN IRELAND & UK
    ACCEPTABLE CORPORATE(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 400 million
    Location
    Sector(s)
    Description
    Objectives

    EIB programme loan to finance investments of eligible mid-caps with a focus on innovative companies in Ireland and the UK

    This is an EIB programme loan to finance the investments of eligible mid-caps, with fewer than 3000 employees, from different sectors in Ireland and the UK. An indicative split of EIB financing per country is a 50% share for Ireland and the UK.

    Environmental aspects
    Procurement

    The projects to be financed under this programme loan will most likely concern investments that are expected to be carried out in existing facilities without changing their already authorised scope and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. However, for each sub-operation under this programme loan the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental legislation, and will ensure that those investments are implemented in compliance with EU legislation.

    The promoters of the projects to be financed under this programme loan will be private companies not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

    Related projects
    Related sub-project
    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - MIDCAP PROGRAMME LOAN IRELAND & UK
    Publication Date
    10 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    69454104
    Document Focus
    Environmental Information
    Project Number
    20160655
    Sector(s)
    Publicly available
    Download now

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