The European Investment Bank (EIB) and CaixaBank have today signed a EUR 300 million loan contract to finance investment and working capital projects promoted by SMEs (small and medium-sized enterprises) and midcaps. In addition to the EUR 300 million provided by the EIB, CaixaBank is undertaking to invest the same amount, bringing the total amount of finance to be made available to this segment of the market to EUR 600 million.
The European Investment Bank (EIB) and four rural banks – Bantierra, Caja Rural de Granada, Caja Rural de Navarra and Caja Rural de Teruel – have signed an agreement for EUR 90 million to finance investment and working capital projects for small and medium-sized enterprises (SMEs – firms with up to 250 employees) and midcaps (up to 3 000 employees).
The European Investment Bank (EIB) is lending EUR 100 million towards the Bracco Group’s investment in research and development (R&D). The operation was signed today in Rome by EIB Vice-President Dario Scannapieco and Bracco Group CEO Diana Bracco.
FIDEPPP (Fonds d’investissement des Caisses d’Epargne), which is managed by the asset management company MIROVA (a subsidiary of Natixis Asset Management), Caisse des Dépôts, Bouygues Energies & Services and Axione (subsidiaries of Bouygues Construction), all shareholders of Axione Infrastructures, have been working with the European Investment Bank and the European Commission and are launching the first project bond in France and Europe involving digital infrastructure. This issue, which has been managed by Natixis, provides a concrete, financial and industrial response to the challenge of broadband access in sparsely populated areas.
The European Investment Bank (EIB) is providing EUR 22.47 million - the first tranche of an approved EIB loan for a total amount of EUR 136.5 million - to finance the second phase of the refurbishment programme for multi-family housing in the Sector 1 municipality of the Romanian Capital of Bucharest. The project is expected to result in around 50% savings in the heating energy consumption of the buildings concerned.
Europe’s long-term lending institution, the European Investment Bank, has agreed to provide GBP 190 million to support investment by Arqiva in a range of new critical national infrastructure projects. This includes the roll out of smart metering across the north of England and Scotland, as well as the expansion of digital radio, the rollout of the new T2 muxes and further WiFi connectivity.
The European Investment Bank (EIB) is lending up to PLN 295m (some EUR 71m) to the Polish energy company TAURON Polska Energia SA for its investments in renewable energy and energy efficiency in Southern Poland, to be completed by the end of 2016.
The European Investment Bank (EIB) is lending EUR 30 million to BCR Leasing to support the undertakings of small and medium-sized enterprises (SMEs), midcap companies and public entities in the sectors of industry, services and infrastructure in Romania.
With three separate agreements totalling EUR 390 million the European Investment Bank (EIB) and the Banco Popolare group have stepped up their cooperation in support of the Italian economy: EUR 350 million for projects promoted by SMEs and midcaps and EUR 40 million for loans to companies taking on apprentices, the first operation of its kind in Italy. These agreements come just a few months after the Bank’s previous loans, almost all of which have already been disbursed across the country by subsidiaries of the Italian lending group. Over the past year, the EIB’s aggregate financing in Italy via Banco Popolare amounted to EUR 740 million.