FLEET RENEWAL LOAN FOR SMES AND MIDCAPS SPAIN

Promoter – Financial Intermediary

ACCEPTABLE BANK(S), ACCEPTABLE BANK(S), INSTITUTO DE CREDITO OFICIAL

Location

• Spain

Description

Dedicated EIB loan to finance investments by small and medium-sized enterprises (SMEs) and mid-caps in fleet renewal, including commercial fleet for land transport and agricultural machinery, in collaboration with Spain's Ministry of Industry, Energy and Tourism

Objectives

Financing of small/medium projects carried out by small and medium-sized enterprises carrying out investments in their transport fleet

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 744 million

Total cost (Approximate amount)

not applicable

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 15/06/2017