Announcement
03 Aug 2021
On 03 August 2021, the EIB provided financing worth EUR 10 million (USD 12 million) to support Spanish company Fagor Arrasate in the development of machinery for the production of lighter, more environmentally friendly vehicles, as well as components for electric vehicles.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Aug 2021
Revocation date:
No revocation date
Updated: 03 Aug 2021
State loan
In force
The EIBs EUR 10 million (approx. USD 12 million) loan with Fagor Arrasate Sc signed on 03 August 2021 was backed by a guarantee from the European Fund for Strategic Investments (EFSI).
The EFSI is a j...
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Updated: 03 Aug 2021
State loan
In force
On 03 August 2021, the European Investment Bank (EIB) and Fagor Arrasate Sc signed an agreement worth EUR 10 million (approx. USD 12 million) for the project 'Arrasate Midcap Growth Investments' from ...
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