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China facility
China facility
The most relevant characteristics of the financial support provided are as follows:
- Eligible projects: viable projects undertaken in China and involving some manner of Spanish interest, regardless of the type of business. Priority is accorded to the infrastructure and public utilities sector, which includes:
- Renewable energies and co-generation
- Transport and telecommunications infrastructure
- Environment and waste treatment
- Logistics platforms and services
- Water treatment
- Types of financial support:
- Capital holdings
- Subordinated loans
- Subordinated joint venture loans
- Convertible loans
- Joint venture loans
- Ceiling: the lower of 25 million euros or 70% of the total project investment. Capital holdings are limited to 49% of the project company’s share capital.
- Minimum: 250,000 euros
- Present capital endowment (2010): 90 million euros.
- Access: applications must be submitted to COFIDES.
