skip to main content
European Commission Logo
en English
Newsroom

Overview    News

Investment Plan: EIB signs deals in Portugal, Poland and Spain for a total of EUR 195 million in financing

On 30 June, the European Investment Bank (EIB) granted a EUR 29 million loan to Sonorgás that will help the company expand its natural gas distribution networks to new areas in northern Portugal.

date:  06/07/2017

See alsoAnnouncements

On 30 June, the European Investment Bank (EIB) granted a EUR 29 million loan to Sonorgás that will help the company expand its natural gas distribution networks to new areas in northern Portugal. The agreement was made possible by support from the European Fund for Strategic Investments (EFSI), the central pillar of the European Commission’s Investment Plan for Europe, the so-called “Juncker Plan”. The EIB announced on 28 June that it is also lending EUR 15 million to support the expansion of a leading private healthcare network in Romania. In Poland, the EIB has provided a PLN 67 million (some EUR 16 million) loan to Sits for the construction of a new production facility for upholstered furniture, while in Spain the EIB has granted a EUR 25 million loan to Maier, a member of the Mondragón Corporation, to support the automotive component manufacturer’s innovation strategy and expansion plan, and a EUR 110 million loan to Sener Ingeniería y Sistemas to help the engineering firm boost its global competitiveness. In Italy, the European Investment Fund (EIF) and Valsabbina (Banca Valsabbina S.C.p.A.), assisted by FISG – Banca Finint Group, signed a guarantee agreement on 22 June that will allow Valsabbina to provide EUR 50 million in loans to over 150 innovative companies.