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    Reference: 20180063
    Release date: 16 March 2018

    Promoter – Financial Intermediary

    SG FINANS AS

    Location

    Description

    The project consists of a loan to SG Finans AS focused on supporting low-carbon transport modes and equipment leasing to small and medium-sized enterprises (SMEs), mid-caps and public and private sector entities in Norway.

    Objectives

    This intermediated loan will improve competitiveness and access to finance at favourable conditions for SMEs, mid-caps, public and private sector entities in Norway, with a significant climate action component.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 180 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 - 6/08/2018

    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).

    Related tags

    Norway Credit lines