Release date: 21 October 2020
Promoter – Financial Intermediary
BPIFRANCE SALocation
Description
Linked Risk Sharing platform with BpiFrance Financement for loans financing climate change and environmental sustainability investment of mid-caps in France.
Objectives
The proposed operation will be a guarantee with the aim to create new lending for mid-cap companies supporting projects in line with the EIB's Climate Action eligibility criteria and wider Environmental Sustainability objectives.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 225 million
Total cost (Approximate amount)
EUR 750 million
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all the required measures to ensure that the environment and procurement procedures carried out by the final recipients under the sub-loans comply with the relevant EU environmental and procurement legislation and the applicable national legislation, provided that it is in conformity with EU rules.
Procurement
The Promoter and the final beneficiaries are private companies not operating in the utilities sector and not having the status of a contracting authority. EU directives on public procurement are not applicable.
Status
Signed - 16/12/2021
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).