Specific Purpose Companies
The Risk Sharing Finance Facility can provide for higher risk financing made available to companies established for the purpose of specific projects:
Company purpose: the company will hold responsibility for all or a combination of the following tasks: design, implementation, financing and operation of a specific project.
Company (project) size: the minimum size of project companies qualifying for project finance solutions under RSFF is subject to the cost and complexity of financial structures and solutions to be made available.
Ownership: public law bodies, private law bodies or mixed entities with (partial) public participation.
Legal form: the project company is established as a legally and financially independent entity, limiting the recourse of lenders to project assets and cash-flow; most legal forms can be supported, including limited and unlimited liability companies, subject to the company’s legal capacity to assume financial obligations.
Origin: legal entities established in all European Union Member States or Associated Countries (ie. Iceland, Liechtenstein, Norway, Switzerland, Israel, Turkey, Croatia, Serbia and Moldova).
Financial profile: the SPV’s stand-alone financial resources and projected cash-flows must ensure the company’s sustainable capacity to service its financial obligations.
Main financing products available
The EIB offers the following individual direct financing solution:
Other RSFF beneficiaries:
- Private and public mid-sized or large companies
- Small-and medium sized companies and small midcaps
- Research institutes
- Universities
- Research Infrastructure companies
