Release date: 12 March 2007
Promoter – Financial Intermediary
Mid-cap companies with up to 3,000 employees intermediated by banks to be approved on a case by case basis by the EIB.Location
Description
Grouped loan for the financing of independent mid-cap companies.
Objectives
Financing of medium scale investments realised in regional development areas ("Convergence Regions") as well as industrial projects in EU priority sectors like innovation, energy and environment.
Comments
Industry / Energy / Environment.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million with a maximum of EUR 25 million for each single project.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Complying with EC and national legislation on environmental protection and right of on-site inspection.
Procurement
Complying with EC procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EC directives do not apply.
Status
Signed - 15/02/2008
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).