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Reference: 20250375
Release date: 29 December 2025

Promoter – Financial Intermediary

ARION BANKI HF

Location

Description

This is an intermediated framework loan supporting the development of the sustainable blue economy promoting innovation for resource efficiency across several blue economy sectors.

Additionality and Impact

This operation supports SMEs that promote the sustainable blue economy. The project will support smaller, innovative and high-growth companies investing in a sustainable and resource efficient blue economy. The operation thus helps improve access for smaller, innovative blue economy businesses to affordable financing. The operation will also ensure that investments follow a sustainable approach ensuring that these sectors can grow without depleting marine resources and securing long-term economic resilience. Investing in the blue economy also helps positioning the EU as a global leader in developing clean marine technologies, circular economy practices and develop the marine bioeconomy. Innovation will strengthen the EU's strategic autonomy and competitiveness.

Objectives

The aim is to support new investments in projects supporting the blue economy and climate action and environmental sustainability.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 200 million

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

Signed - 19/12/2025

Milestone
Under appraisal
Approved
Signed
16 December 2025
19 December 2025

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).

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