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)
- Credit lines - Credit lines
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 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).