Release date: 25 April 2024
Promoter – Financial Intermediary
BANCO BILBAO VIZCAYA ARGENTARIA SALocation
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)
- Industry - Construction
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
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).