The EIB Group has invested over €90 million in BBVA's securitization operation to finance sustainable housing projects in Spain, unlocking approximately €185 million for low-emission residential developments.

Target Information

The European Investment Bank (EIB) Group has invested over €90 million in a synthetic securitization operation involving BBVA. This significant investment is directed towards financing sustainable housing projects within Spain, allowing BBVA to mobilize approximately €185 million for the development of residential buildings that adhere to near-zero emissions standards. The projects primarily cater to small and medium-sized enterprises (SMEs) and mid-cap companies, thereby enhancing their ability to access favorable financing for green initiatives.

The operation is underpinned by the InvestEU program, an EU initiative designed to facilitate over €372 billion in investment by the year 2027. It aims to streamline access to public and private funding, thereby supporting enterprises that are focused on developing sustainable housing solutions.

Industry Overview

Spain's real estate sector has shown increasing recognition of the necessity for sustainable development, especially in terms of mitigating climate change and improving energy efficiency. The current focus of the industry is on enhancing the environmental performance o