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    Summary sheet

    Release date
    11 January 2018
    Status
    Reference
    Approved | 15/03/2018
    20170826
    Project name
    Promoter - financial intermediary
    MIDCAP PROGRAMME LOAN ITALY
    ACCEPTABLE CORPORATE(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 800 million
    Location
    Sector(s)
    Description
    Objectives

    Programme loan to finance investments of eligible mid-caps and, to a lesser extent, small and medium-sized enterprises (SMEs) with high financing needs. The programme will focus on innovative and high value-added projects mainly in Italy. Potentially up to 30% of the programme loan could finance eligible projects in Slovenia, Croatia, Malta as well as other EU countries.

    The programme loan aims at accelerating and further mobilising private sector investments, enhancing the competitiveness and sustainability of mid-caps and SMEs investment plans in the future. It is also expected to contribute to social development, especially in cohesion areas, supporting the creation of new jobs.

    Environmental aspects
    Procurement

    The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) as defined in the Directive 2014/52/EU amending the EIA Directive 2011/92/EU2011/92/EU. However, for each sub-operation, the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.

    The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.

    Related projects
    Link to source

    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) - MIDCAP PROGRAMME LOAN ITALY
    Publication Date
    5 May 2018
    Document language
    Main Topic
    Lending
    Document Number
    80086364
    Document Focus
    Environmental Information
    Project Number
    20170826
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - TAPOJARVI ITALY
    Publication Date
    31 Aug 2023
    Document language
    Main Topic
    Lending
    Document Number
    144974292
    Document Focus
    Environmental Information
    Project Number
    20170826
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - MIDCAP PROGRAMME LOAN ITALY
    Publication Date
    16 Apr 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    82873359
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20200669
    Last update
    16 Apr 2018
    Sector(s)
    Industry
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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