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    Reference: 20160359
    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)

    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).

    Related tags

    Portugal Spain Credit lines