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Signature(s)

Amount
€ 315,000,000
Countries
Sector(s)
Spain : € 315,000,000
Water, sewerage : € 63,000,000
Credit lines : € 252,000,000
Signature date(s)
24/09/2024 : € 63,000,000
24/09/2024 : € 252,000,000

Summary sheet

Release date
12 September 2024
Status
Reference
Signed | 24/09/2024
20230915
Project name
Promoter - financial intermediary
SABADELL SME MIDCAPS & OTHER PRIORITIES III
BANCO DE SABADELL SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
not applicable
Location
Sector(s)
Description
Objectives

The loan will finance projects carried out by small and medium-sized enterprises (SMEs), Midcaps and - to a lesser extent - water user associations ("comunidades de regantes") having the status of public sector entities in Spain.

The aim is to enhance access to finance for the target beneficiaries through a well-known and financially solid intermediary with a proven track-record in allocating EIB funds.

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.

Milestone
Under appraisal
Approved
Signed
7 August 2024
24 September 2024
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).

News & Stories

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Alternatively, the EIB can be contacted through its external offices.
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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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