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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Ireland : € 100,000,000
    Credit lines : € 100,000,000
    Signature date(s)
    12/11/2021 : € 100,000,000

    Summary sheet

    Release date
    11 February 2020
    Status
    Reference
    Signed | 12/11/2021
    20190007
    Project name
    Promoter - financial intermediary
    DE LAGE LANDEN SUSTAINABILITY L4SME-MIDCAPS
    DE LAGE LANDEN INTERNATIONAL BV,DE LAGE LANDEN LEASING,DE LAGE LANDEN VENDORLEASE BV,DLL IRELAND DAC,DLL LEASING DAC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    Financing of small scale projects carried out by small and medium-sized enterprises (SMEs) and Mid-Caps, as part of DLL's Cleantech program

    Financing of small/medium projects carried out by small and medium-sized enterprises

    Additionality and Impact

    The project concerns the financing of small scale projects carried out by SMEs and Mid-Caps as part of DLL's leasing of equipment contributing towards sustainability in the Benelux and Ireland. The project's policy contribution is based on the support in access to finance to SMEs and Mid-Caps with a strong focus on financing Climate Action investments, which is a key strategic area for the EIB and EU. In addition the project addresses carbon and air pollution externalities. The intermediary is well-placed to deploy the project based on its vast experience with EIB's intermediated loan facilities and through its cooperation towards climate action targeted financing. Through the facility financial support will be provided, which will contribute to improve the financial conditions towards SMEs & Mid-Caps investments and will provide a positive signal towards such sustainability investments. EIB's contribution is further strengthened through its non-financial support in the form of technical advice regarding the Climate Action & Environmental Sustainability taxonomy.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Link to source

    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).

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