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The financing rolls out across several EU Member States, with initial allocations expected in Germany, Spain, Italy and the Netherlands.
The agreement forms part of the EIB’s €3bn (US$3.5bn) pan-European agricultural programme (PEAP), launched in 2024 to support sustainable investment across Europe.
At least 30% of the financing supports climate action and environmental sustainability projects.
The initiative focuses on helping businesses invest in energy-efficient agricultural equipment, renewable energy solutions and sustainable technologies that support climate change mitigation and adaptation.
“This operation will help European farmers and agri businesses invest in modern, more sustainable equipment, strengthen their resilience and better manage climate and market pressures,” says Gelsomina Vigliotti, Vice-President at EIB.
“By addressing persistent market gaps and working with trusted partners such as BPLS we are making long term finance more accessible, accelerating the transition towards a more resource efficient and competitive agricultural sector.”
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