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Référence: 20230052
Date de publication: 19 avril 2023

Promoteur – Intermédiaire Financier

BANKINTER SA

Lieu

Description

The project consists in a dedicated loan to support projects carried out by small and medium sized enterprises (SMEs) and Midcaps mainly located in Spain and Portugal.

Additionality and Impact

The project aims to promote and accelerate private sector investments as well as facilitating access to finance for SMEs and Midcaps, a backbone in terms of growth and employment for the Spanish and Portuguese economy. In particular, it will help addressing the working capital, liquidity needs and investment constraints of SMEs and Midcaps mainly located in Spain and Portugal.


20% of the operation will target investments in Climate Action initiatives to be carried out mainly in Spain. More specifically, this includes EE efficiency investments in industry and buildings, including green mortgages and renovation of multi-apartments buildings. The Spanish NECP sets out ambitious targets for building renovations and industrial energy efficiency until 2030.


EIB's intervention will generate positive effects on investments from the availability of longer term financing at a lower financing costs. Overall, the projects are expected to yield good quality and results, thanks to avoided carbon emissions and employment creation.

Objectifs

The aim is to enhance access to finance for SMEs and Midcaps in Spain and Portugal with a partial dedication to Climate Action projects. The operation will also help ease the economic and social impact of the war in Ukraine, by offering support to Spanish SMEs and Midcaps under strain from the war and its economic effects.

Secteur(s)

Montant BEI envisagé (montant approximatif)

EUR 250 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 - 15/06/2023

Milestone
À l'examen
Approuvé
Signé
9 juin 2023
15 juin 2023

Clause de non-responsabilité

Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

Mots-clés correspondants

Espagne Portugal Lignes de crédit