The European Investment Bank (EIB) Group and Santander have announced a new financing agreement that will unlock €1.43 billion in funding for small and medium-sized enterprises (SMEs) and mid-cap companies across Spain. The initiative aims to strengthen business competitiveness, support the green transition, create jobs, and improve access to finance for women entrepreneurs.
Through the European Investment Bank and the European Investment Fund (EIF), the EIB Group is investing €876 million in a Santander securitisation transaction. The financing will help businesses address working capital needs, manage economic pressures, and invest in sustainable growth projects.
More than €100 million of the total financing will be directed toward women entrepreneurs and businesses primarily owned or managed by women. In addition, more than €162 million will support projects focused on the green transition, including investments that improve sustainability and energy efficiency.
The agreement is designed to help Spanish companies navigate challenges such as inflation, rising energy costs, and higher interest rates while supporting innovation and long-term economic growth. SMEs and mid-cap companies play a key role in Spain’s economy by driving employment, productivity, and business development.
The transaction includes approximately €476 million from the European Investment Bank and €400 million from the European Investment Fund, alongside additional private investment. It also marks the first securitisation transaction in Spain where a guarantee is directly embedded in the securitisation notes.
The partnership highlights the role of financial instruments such as securitisation in mobilising private capital, reducing risks for financial institutions, and expanding funding opportunities for businesses. It also supports broader European priorities, including climate action, economic development, and financial market integration.
EIB Group representatives said the agreement reinforces their commitment to improving financing access for Spanish SMEs, particularly businesses focused on sustainable projects and those led by women.
By combining public investment with private sector participation, the initiative is expected to provide businesses with the resources needed to grow, innovate, and contribute to a more competitive and sustainable Spanish economy.
