Global Trade Alert
Global Trade Alert

Spain: EIB grants investment support for the steel manufacturer Sidenor Aceros Especiales' investments in new technologies and equipment

Announcement

19 Jul 2019

In July 2019, the European Investment Bank (EIB) signed a loan agreement with the Spanish steel manufacturer Sidenor Aceros Especiales S.L.U. The loan will support the company's investments in new technologies and equipment for the purpose of bettering product quality and production efficiency. The EIB financing 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

19 Jul 2019

Revocation date:

No revocation date

Updated: 19 Jul 2019
Loan guarantee In force

The EIB's loan to Sidenor Aceros Especiales S.L.U. signed on 19 July 2019 is issued under the European Fund for Strategic Investment (EFSI). The loan agreement has a total ...

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Updated: 19 Jul 2019
State loan In force

On 19 July 2019, the European Investment Bank (EIB) and Sidenor Aceros Especiales S.L.U. signed a loan agreement having a total value of EUR 50 million (approx. USD 56 million). The loan ...

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