Release date: 14 July 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
The operation is a programme loan to a variety of eligible Spanish mid-caps.
Objectives
The operation aims to make EIB funds efficiently available to a variety of eligible Spanish mid-caps to finance their investments.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 248 million
Total cost (Approximate amount)
EUR 800 million
Environmental aspects
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) under Directive 2011/92/EU. However, for each sub-operation the Bank's services will review during the project appraisal whether any of the concerned projects might fall under the EIA Directive, as well as any other environmental details of the project.
Procurement
The promoters will be private companies not operating in the Utilities sector and not having the status of a contracting authority. Thus they are not covered by EU directives on procurement.
Status
Approved - 23/09/2016
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).