France

The European Investment Bank (EIB) and the BPCE banking group have signed an agreement to mobilise €200 million in loans for small and medium-sized enterprises (SMEs) and mid-caps in the French farming and bioeconomy sectors. This is the first operation that the EIB has signed in France as part of the €3 billion package it approved in 2024 to support businesses in the farming sector.

The European Investment Bank (EIB) and Fairmat, a French company specialised in recycling carbon fibre composite materials, have signed a €25 million venture loan agreement. Founded in 2020, the company is a pioneer in recycling carbon composite, and has developed a recycling process that is almost carbon-neutral and saves four times the CO2 compared to producing new composite.

The European Investment Bank and Eau du Ponant have signed an €80 million loan to finance the multi-annual investment plans of Brest Métropole and the intercommunal area of Pays de Landerneau-Daoulas, which are to be carried out by the local public company. Eau du Ponant produces and supplies drinking water and collects and treats wastewater. It is the first local public water company in France to benefit from EIB support.