Spain Project Notice - BBVA ENHANCED ABS GREEN MORTGAGES


Project Notice

PNR 60555
Project Name BBVA ENHANCED ABS GREEN MORTGAGES
Project Detail The operation concerns 100% green mortgages for private individuals and real estate developers to finance energy efficiency and renewable energy projects in Spain. Objectives The aim is to support climate projects in sectors supporting both national and European targets for energy efficiency and renewable energy, as well as the reduction of CO2 emissions. As such, the project meets the EIB and EU Taxonomy requirements and supports EU objectives in terms of climate action and diversification of energy supply. Sector(s) Urban development - Construction Proposed EIB finance (Approximate amount) EUR 90 million Total cost (Approximate amount) EUR 180 million
Funded By European Investment Bank (EIB)
Sector Painting
Country Spain , Southern Europe
Project Value EUR 18,000,000

Contact Information

Company Name European Investment Bank (EIB)
Web Site https://www.eib.org/en/projects/pipelines/all/20230927

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