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    Reference: 20160551
    Release date: 5 May 2017

    Promoter – Financial Intermediary

    SUMA CAPITAL SGEIC SA

    Location

    Description

    Investment in an infrastructure fund targeting energy efficiency and circular economy projects in Spain

    Objectives

    The project concerns an equity investment in an infrastructure fund aiming to invest in energy efficiency (e.g. hotel renovation, retrofit of industrial facilities, public lighting), renewable energy (e.g. biomass district heating) and circular economy (e.g. waste valorisation and material recovery), with a primary focus in Spain and Portugal (some 90%) and opportunistically in other European countries.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 20 million

    Total cost (Approximate amount)

    EUR 100 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.

    Status

    Signed - 2/08/2017

    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 Portugal Solid waste Energy