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As stated by the EIB, 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.
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.
As stated by Bloomberg, Banco de Sabadell SA attracts deposits and offers commercial banking services. The Bank offers mortgage, consumer, student, and building improvement loans, private banking services, and insurance, and sponsors Visa credit cards. The Bank operates branches throughout Spain, elsewhere in Europe, the Caribbean, the Americas, and Asia.
No project contacts provided at the time of disclosure.
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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