Release date: 10 May 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
Financing of small shipbuilding projects including new vessels, conversion and retrofitting of vessels that promote sustainable transport, TEN-T and environmental protection
Objectives
The loan will be structured as a programme loan for a series of sub-loans to multiple ship owners with eligible projects to be implemented mainly in European shipyards.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 245 million
Total cost (Approximate amount)
EUR 500 million
Environmental aspects
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, where applicable.
Status
Approved - 16/06/2016
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).