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Reference: 20230928
Release date: 25 April 2024

Promoter – Financial Intermediary

BANCO BILBAO VIZCAYA ARGENTARIA SA

Location

Description

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

Objectives

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

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 350 million

Total cost (Approximate amount)

EUR 700 million

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 - 17/06/2024

Milestone
Under appraisal
Approved
Signed
14 June 2024
17 June 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).

Related tags

Spain Industry