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ELKARGI SMALL MIDCAP SUPPORT

Summary sheet

Release date
22 September 2023
Reference
20220897
Project name
Promoter - financial intermediary
ELKARGI SMALL MIDCAP SUPPORT
ELKARGI SGR
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 140 million
Location
Sector(s)
Description
Objectives

The project consists in a linked risk sharing operation to support small mid-caps in Spain operating in EIB's eligible sectors.

The aim is to provide eligible beneficiaries with the much needed liquidity and funds to weather the current challenging economic environment and continue their medium to long-term development.

Environmental aspects
Procurement

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

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

Related projects
Parent project
GROWTH4MIDCAPS LENDING ENVELOPE
Link to source
Summary sheet
ELKARGI SMALL MIDCAP SUPPORT

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).

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.

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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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