Global Trade Alert
Global Trade Alert

Spain: EIB signs loan agreement to support Ingeteam's research, innovation and development investments related to electronic goods

Announcement

15 Oct 2019

In October 2019, the European Investment Bank (EIB) signed a loan agreement with Ingeteam S.A. to support the company's research, innovation and development investments related to energy, electricity and power transmission goods. 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

15 Oct 2019

Revocation date:

No revocation date

Updated: 15 Oct 2019
State loan In force

The EIB's loan to Ingeteam S.A signed on 15 October 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 70 million (approx. USD ...

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Implementation date

15 Oct 2019

Revocation date:

10 Mar 2021

Updated: 15 Oct 2019
State loan

On 15 October 2019, the European Investment Bank (EIB) and Ingeteam S.A. signed a loan agreement having a total value of EUR 70 million (approx. USD 77.2 million). The loan...

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