Release date: 12 September 2024
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
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.
Objectives
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.
Sector(s)
- Water, sewerage - Agriculture, forestry and fishing
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 500 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 - 24/09/2024
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).