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    Signature(s)

    Amount
    € 310,000,000
    Countries
    Sector(s)
    Belgium : € 15,000,000
    The Netherlands : € 15,000,000
    France : € 280,000,000
    Services : € 310,000,000
    Signature date(s)
    11/10/2016 : € 15,000,000
    11/10/2016 : € 15,000,000
    15/09/2017 : € 140,000,000
    21/07/2016 : € 140,000,000

    Summary sheet

    Release date
    9 October 2015
    Status
    Reference
    Signed | 21/07/2016
    20150468
    Project name
    Promoter - financial intermediary
    SG INNOVATIVE EQUIPMENT LEASING FRAMEWORK LOAN
    SG EQUIPMENT FINANCE BENELUX BV,SG EQUIPMENT FINANCE IBERIA EFC SA,SOCIETE GENERALE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 310 million
    EUR 1900 million
    Location
    Sector(s)
    • Services - Administrative and support service activities
    Description
    Objectives

    Multicountry Framework Loan dedicated to innovative Equipment Leasing for Private Sector Entities

    The proposed project is a multi-country framework, in support of Innovative High-Tech equipment leasing by private sector entities. Innovative High-Tech equipment is expected to include IT and medical equipment. The promoters of the project will be several leasing entities of the Société Générale Group throughout France, Spain and the Benelux.

    Environmental aspects
    Procurement

    Innovative equipment leasing is unlikely to fall under the EIA Directive. However, the EIB will carry out a due diligence on the promoters' capacities and procedures to adhere to the Bank's standards and rules in administering EIB finance, notably on social and environmental principles, and, where appropriate, public consultation requirements.

    Final beneficiaries, as well as the promoters, have been assessed by EIB as being private companies not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement. However, if after the project appraisal, the promoter wishes to finance final beneficiaries that after all are subject to EU public procurement legislation (i.e. Directive 2004/17/EC), then the Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 92/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - SG INNOVATIVE EQUIPMENT LEASING FRAMEWORK LOAN
    Publication Date
    2 Feb 2016
    Document language
    Main Topic
    Lending
    Document Number
    64488683
    Document Focus
    Environmental Information
    Project Number
    20150468
    Sector(s)
    Regions
    Publicly available
    Download now

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