Release date: 11 February 2020
Promoter – Financial Intermediary
DE LAGE LANDEN INTERNATIONAL BV,DE LAGE LANDEN LEASING,DE LAGE LANDEN VENDORLEASE BV,DLL IRELAND DAC,DLL LEASING DACLocation
Description
Financing of small scale projects carried out by small and medium-sized enterprises (SMEs) and Mid-Caps, as part of DLL's Cleantech program
Additionality and Impact
The project concerns the financing of small scale projects carried
out by SMEs and Mid-Caps as part of DLL's leasing of equipment contributing
towards sustainability in the Benelux and Ireland. The project's policy
contribution is based on the support in access to finance to SMEs and Mid-Caps
with a strong focus on financing Climate Action investments, which is a key
strategic area for the EIB and EU. In addition the project addresses carbon and
air pollution externalities. The intermediary is well-placed to deploy the
project based on its vast experience with EIB's intermediated loan facilities
and through its cooperation towards climate action targeted financing. Through the facility financial support
will be provided, which will contribute to improve the financial conditions
towards SMEs & Mid-Caps investments and will provide a positive signal
towards such sustainability investments. EIB's contribution is further
strengthened through its non-financial support in the form of technical advice
regarding the Climate Action & Environmental Sustainability taxonomy.
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 12/11/2021
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).