Release date: 18 July 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
EIB programme loan to finance investments of eligible mid-caps with a focus on innovative companies in France
Objectives
This programme loan will help to increase the availability of EIB financing to a wider range of mid-caps and thereby to accelerate the deployment of their investments in France, strengthening their competitive advantage over time.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
EUR 400 million
Environmental aspects
The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. However, for each sub-operation, the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.
Procurement
The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.
Status
Approved - 23/09/2016
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).