Release date: 5 May 2017
Promoter – Financial Intermediary
SUMA CAPITAL SGEIC SALocation
Description
Investment in an infrastructure fund targeting energy efficiency and circular economy projects in Spain
Objectives
The project concerns an equity investment in an infrastructure fund aiming to invest in energy efficiency (e.g. hotel renovation, retrofit of industrial facilities, public lighting), renewable energy (e.g. biomass district heating) and circular economy (e.g. waste valorisation and material recovery), with a primary focus in Spain and Portugal (some 90%) and opportunistically in other European countries.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 100 million
Environmental aspects
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation.
Status
Signed - 2/08/2017
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).