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    Reference: 20160401
    Release date: 26 September 2016

    Promoter – Financial Intermediary

    ACCEPTABLE CORPORATE(S)

    Location

    Description

    EIB programme loan to finance investments of eligible mid-caps with a focus on innovative companies in Germany and in Nordic countries

    Objectives

    It is expected that this programme loan will help to accelerate and further mobilise private sector investments, thus furthering the sustainability of mid-caps' competitive advantage over time and creating growth and employment opportunities in Germany, Denmark, Sweden and Finland.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 350 million

    Total cost (Approximate amount)

    EUR 935 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 could 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 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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Denmark Finland Germany Sweden Credit lines