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DE LAGE LANDEN SUSTAINABILITY L4SME-MIDCAPS

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Luxembourg : € 3,000,000
Belgium : € 24,000,000
The Netherlands : € 27,000,000
Ireland : € 46,000,000
Credit lines : € 100,000,000
Signature date(s)
12/11/2021 : € 3,000,000
12/11/2021 : € 24,000,000
12/11/2021 : € 27,000,000
12/11/2021 : € 46,000,000

Summary sheet

Release date
11 February 2020
Status
Reference
Signed | 12/11/2021
20190007
Project name
Promoter - financial intermediary
DE LAGE LANDEN SUSTAINABILITY L4SME-MIDCAPS
DE LAGE LANDEN INTERNATIONAL BV,DE LAGE LANDEN LEASING,DE LAGE LANDEN VENDORLEASE BV,DLL IRELAND DAC,DLL LEASING DAC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
Description
Objectives

Financing of small scale projects carried out by small and medium-sized enterprises (SMEs) and Mid-Caps, as part of DLL's Cleantech program

Financing of small/medium projects carried out by small and medium-sized enterprises

Additionality and Impact

The project concerns the financing of small scale projects carried out by SMEs and Mid-Caps as part of DLL's leasing of equipment contributing towards sustainability in the Benelux and Ireland. The project's policy contribution is based on the support in access to finance to SMEs and Mid-Caps with a strong focus on financing Climate Action investments, which is a key strategic area for the EIB and EU. In addition the project addresses carbon and air pollution externalities. The intermediary is well-placed to deploy the project based on its vast experience with EIB's intermediated loan facilities and through its cooperation towards climate action targeted financing. Through the facility financial support will be provided, which will contribute to improve the financial conditions towards SMEs & Mid-Caps investments and will provide a positive signal towards such sustainability investments. EIB's contribution is further strengthened through its non-financial support in the form of technical advice regarding the Climate Action & Environmental Sustainability taxonomy.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source

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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