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Signature(s)

Amount
€ 295,000,000
Countries
Sector(s)
Spain : € 295,000,000
Urban development : € 295,000,000
Signature date(s)
17/06/2024 : € 295,000,000
Link to source

Summary sheet

Release date
25 April 2024
Status
Reference
Signed | 17/06/2024
20230928
Project name
Promoter - financial intermediary
BBVA ABS OPERATION FOR GREEN FINANCING
BANCO BILBAO VIZCAYA ARGENTARIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 350 million
EUR 700 million
Location
Sector(s)
Description
Objectives

The operation will support BBVA financing climate projects carried out by small and medium sized enterprises (SMEs) and mid-caps in Spain.

The aim is to enhance access to green mortgages for the final beneficiaries, in particular real estate developers.

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
14 June 2024
17 June 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).

Documents

Environmental and Social Data Sheet (ESDS) - BBVA ABS OPERATION FOR GREEN FINANCING
Publication Date
18 Jun 2024
Document language
Main Topic
Lending
Document Number
213786430
Document Focus
Environmental Information
Project Number
20230928
Sector(s)
Regions
Countries
Publicly available
Download now

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Zero tolerance against fraud and corruption

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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