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InvestEU
News article14 February 2023Directorate-General for Economic and Financial Affairs

Commission signs agreement with Instituto de Crédito Oficial to unlock €150 million of investments in sustainable infrastructure across Spain

The European Commission and the Instituto de Crédito Oficial (ICO) have signed an InvestEU guarantee agreement worth up to €75 million. The agreement will unlock ICO financing of up to €150 million for investments in sustainable infrastructure across Spain and other Member States. This is expected to, in turn, mobilise a further €150 million in private investments, bringing the expected total investments mobilised amount to at least €300 million.

14 FEBRUARY 2023
InvestEU: Commission signs agreement with Instituto de Crédito Oficial to unlock €150 million of investments in sustainable infrastructure across Spain
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Publication date
14 February 2023
Author
Directorate-General for Economic and Financial Affairs