Date de publication: 21 juin 2023
Promoteur – Intermédiaire Financier
BANCO BILBAO VIZCAYA ARGENTARIA SALieu
Description
EIB participation in mezzanine tranches of a Cash ABS transaction to finance green projects in Spain.
Additionality and Impact
The project will support the green transition by financing new energy efficient buildings (the operation will thus have a 100% climate contribution). EIB contribution takes the form of financial benefit and longer tenors. By providing new credit lines to SMEs and Mid-Caps via an established intermediary, the EIB can play a counter-cyclical role, preserve employment and positively contribute to the recovery of the Spanish economy. EIB investment, through a securitization, will crowd-in public and private investors. BBVA has a good track record in allocating EIB funds to support sound projects dedicated to SMEs and Mid-Caps.
Objectifs
Financing of small/medium-sized projects carried out by small and medium-sized enterprises.
Secteur(s)
- Industrie - Construction
Montant BEI envisagé (montant approximatif)
EUR 50 million
Coût total (montant approximatif)
not applicable
Aspects environnementaux
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Passation des marchés
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Statut
Signé - 22/06/2023