Reference: 20190423
Release date: 30 September 2019

Promoter – Financial Intermediary

ACCEPTABLE CORPORATE(S)

Location

Description

The project consists of a programme loan to finance under the European Fund for Strategic Investments (EFSI) eligible investments in agriculture and bioeconomy in EU countries.

Objectives

The programme loan aims to accelerate and further mobilise private sector investments, thus furthering the sustainability of enterprises active in agriculture and bioeconomy.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 700 million

Total cost (Approximate amount)

EUR 1600 million

Environmental aspects

Each sub-operation under this programme loan will be subject to the same appraisal procedures as any other direct operation. The EIB's services will therefore ensure on a sub-operation basis that investments are implemented in compliance with the EU legislation and standard information will be posted on the EIB website.

Procurement

The promoters of the projects to be financed under this programme loan will be private companies not operating in the Utilities sector and not having the status of a contracting authority, thus not subject to EU rules on public procurement.

Status

Approved - 14/11/2019

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

EU Countries Agriculture, fisheries, forestry Industry Energy