📋 Tender Overview
Reference: 20250038
Release date: 5 March 2025
Promoter – Financial Intermediary
BANK OF SABADELL S.A.
Location
Spain
Description
This operation is presented under the Lending Envelope "PAN-EUROPEAN AGRICULTURAL PROGRAMME (2024-0444)". The operation is intermediated by Sabadell, a specialised lender in the agricultural sector in Spain.
Objectives
The aim is to finance agricultural small and medium-sized enterprises (SMEs), mid-caps and public sector entities. This sub-operation will have a specific dedication to Climate Action and Environment Sustainability (CA&ES) of at least 30% of the total amount. Sub-projects are expected to cover a broad range of activities and may include investments by SMEs & Midcaps in, but not limited to: - sustainable and regenerative agriculture; - digital and precision agriculture tools; - working capital for climate resilience and adaptation crops varieties; - water management system; - renewable energy ; - animal welfare and sustainable livestock practices; - sustainable aquaculture; - innovation and resource efficient measures in agri, food or fibre industries; - education and training in sustainable practices; - infrastructure improvements.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal
