Release date: 16 September 2020
Promoter – Financial Intermediary
BANQUE PALATINE,BPCELocation
Description
Financing of eligible investments promoted by small and medium-sized enterprises (SMEs) and mid-caps in France, with at least a 25% Climate Change window as a contractual undertaking.
Objectives
This loan will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps.
Comments
The proposed operation will partly support the deployment of BPCE's green growth strategy within its domestic retail network, notably in the field of energy efficiency, sustainable agriculture, low carbon mobility, the blue economy and recycling/reuse of materials.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 300 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 - 21/12/2020
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).