The European Investment Bank (EIB) has signed two loan agreements of €250 million each with Rabobank and its subsidiary DLL to support financing for small and medium-sized enterprises (SMEs) and mid-cap companies in Europe. These facilities aim to improve access to funding for businesses investing in sustainability and the energy transition.
The facility with Rabobank is targeted specifically at SMEs and mid-caps in the Netherlands. The financing will support companies investing in sustainability measures and the energy transition. Rabobank will match the EIB’s €250 million loan with its own funds, resulting in €500 million in total financing. At least 40% of the investments will be directed toward climate-relevant projects, and another 40% will focus on bioeconomy sectors, including agriculture.
DLL, operating across multiple EU countries, will also receive €250 million from the EIB, which it will match with its own funds to provide an additional €500 million in financing. The funding will be available to SMEs and mid-caps in countries including France, Germany, Italy, Spain, Belgium, Sweden, Poland, Ireland, and the Netherlands. The emphasis will be on sustainability-focused investments, particularly in circular economy, food systems, and energy transition.
Altogether, the combined EIB loans and matching funds from Rabobank and DLL will make €1 billion available to support SMEs and mid-cap businesses. This financing package is geared towards advancing climate action and fostering sustainable growth, particularly in the agricultural and bioeconomy sectors across the EU.
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