Release date: 17 March 2022
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
Programme loan to finance eligible investments in agriculture and bioeconomy in EU countries.
Objectives
This programme loan will improve competitiveness and access to finance at favourable conditions for agriculture and bioeconomy companies and/or cooperatives.
Sector(s)
- Agriculture, fisheries, forestry - Agriculture, forestry and fishing
- Industry - Manufacturing
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
EUR 1200 million
Environmental aspects
Each sub-operation under this programme loan will be subject to the same appraisal procedures as any other direct operation. The Bank's services will therefore ensure on a sub-operation basis that investments are implemented in compliance with domestic and EU applicable 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 including cooperatives not operating in the utilities sector and not having the status of contracting authority, and are thus not subject to EU rules on public procurement. The Bank will require that projects financed under this programme loan comply with domestic and EU legislation, where applicable.
Status
Approved - 17/11/2022
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).