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    Reference: 20190346
    Release date: 19 July 2019

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S)

    Location

    Description

    The project consists of a multi-beneficiary intermediated loan (MBILs) with dedicated Climate Action windows to finance mainly energy efficiency and small renewable energy projects in Spain.

    Objectives

    The operation will enhance access to finance to SMEs, Midcaps, private and public sector entities, homeowner associations, as well as private individuals to implement their small/medium projects. In addition, the proposed operation is fully consistent with EU objectives and in line with EIB's climate action policy.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 500 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

    Approved - 15/10/2019

    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

    Spain Credit lines