Release date: 16 March 2018
Promoter – Financial Intermediary
SG FINANS ASLocation
Description
The project consists of a loan to SG Finans AS focused on supporting low-carbon transport modes and equipment leasing to small and medium-sized enterprises (SMEs), mid-caps and public and private sector entities in Norway.
Objectives
This intermediated loan will improve competitiveness and access to finance at favourable conditions for SMEs, mid-caps, public and private sector entities in Norway, with a significant climate action component.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 180 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 6/08/2018
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).