Global Trade Alert
Global Trade Alert

Spain: EIB grants investment support for Grupo Ilunion's investments in its hotels and laundries

Announcement

13 Jul 2018

In July 2018, the European Investment Bank (EIB) signed a loan agreement with Grupo Ilunion SL to support the company's investment plan concerning energy efficiency upgrades of its laundries as well as construction and renovation of its hotels, among others. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jul 2018

Revocation date:

No revocation date

Updated: 13 Jul 2018
State loan In force

The EIB's loan to Grupo Ilunion SL signed on 13 July was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 35 million (approx. USD 41 milli...

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Updated: 13 Jul 2018
State loan In force

On 13 July 2018, the European Investment Bank (EIB) and Grupo Ilunion SL signed a loan agreement having a total value of EUR 35 million (approx. USD 41 million). The loan w...

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