BPI INNOVFIN MID-CAP GUARANTEE

Promoteur – Intermédiaire Financier

BANCO BPI SA

Lieu

• Portugal

Description

The operation entails the establishment of a guarantee scheme with the promoter to enable intermediated financing of innovative mid-caps in accordance with Horizon 2020 eligibilities. The operation will be used to cover 50% of the credit risk associated with a portfolio of new loans originated by Banco BPI SA. The guaranteed portfolio will be composed of innovative mid-cap loans having eligible expenditures.

Objectifs

Financing of projects carried out by innovative mid-caps

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 150 million

Coût total (montant approximatif)

EUR 420 million

Aspects environnementaux

The project refers to a multi-sector multi-scheme operation and some of the sub-projects may fall under Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. The Bank requires the promoter and the final beneficiary to act according to the provisions of the aforementioned directives as transposed into national law, as well as according to the provisions in the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC if a sub-project has a negative impact on an area forming part of the Natura 2000 network.

Passation des marchés

The promoter and the final beneficiaries are private companies not operating in the utilities sector and not having the status of a contracting authority. The EU directives on public procurement are not applicable.

Statut

Signé - 21/12/2017