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    Reference: 20150742
    Release date: 10 May 2016

    Promoter – Financial Intermediary

    ACCEPTABLE CORPORATE(S)

    Location

    Description

    Financing of small shipbuilding projects including new vessels, conversion and retrofitting of vessels that promote sustainable transport, TEN-T and environmental protection

    Objectives

    The loan will be structured as a programme loan for a series of sub-loans to multiple ship owners with eligible projects to be implemented mainly in European shipyards.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 245 million

    Total cost (Approximate amount)

    EUR 500 million

    Environmental aspects

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.

    Procurement

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, where applicable.

    Status

    Approved - 16/06/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    EU Countries Spain Transport