The European Investment Bank (EIB) Group, through its subsidiaries—the European Investment Bank and the European Investment Fund (EIF)—is partnering with Santander in a new €569.5 million securitisation transaction aimed at strengthening the competitiveness of small and medium-sized enterprises (SMEs) and mid-cap companies in Spain. The initiative will enable Santander to channel approximately €1.08 billion in financing to promote the green transition and support business growth across the country.
A key focus of the operation is environmental sustainability, with €200 million dedicated to financing the construction of near-zero emission buildings by SMEs and mid-caps in the real estate sector. Additionally, €70 million will be directed toward supporting companies led or owned primarily by women, reinforcing the EIB Group’s commitment to gender equality and inclusive economic growth.
The EIB will contribute €309.5 million to the operation, while the EIF will provide €260 million—of which €200 million will be facilitated through a bilateral guarantee agreement with ING. The total EIB Group investment is structured through a single securitisation transaction that also involves private sector investors, reflecting a shared effort to mobilize capital for sustainable and inclusive growth.
This new collaboration highlights the EIB Group’s leadership in advancing innovative financial instruments such as securitisation to unlock funding for green and social investments. It will help reduce financial risks for institutions like Santander while supporting the development of the EU’s Capital Markets Union—one of the EIB Group’s strategic objectives. Moreover, the initiative contributes to key EIB Group priorities, including climate action, environmental sustainability, and social and territorial cohesion, while bolstering the resilience and competitiveness of Spanish businesses.
