Arcano to Manage €210M From European Investment Bank for Spanish Urban Development
Funding | Jul 09, 2025 | Finance Community ES 3 - Private Bankin
Arcano Partners, a financial advisory firm, has been selected by the European Investment Bank (EIB) to manage €210 million from the Next Generation EU program. The funds will be channeled through the regulated vehicle Spanish Urban Development SICC (SUD) and invested in affordable rental housing, sustainable tourism, and urban development projects throughout Spain. The SUD is expected to carry out 11 to 15 operations with a maximum investment of up to €22 million per project. Investments will be structured in equity or debt depending on the needs of each initiative, and they must align with Spain's National Plan for Recovery, Transformation, and Resilience, meeting stringent sustainability and positive impact criteria. Fernando Fernandez-Cuesta, Partner of Asset Management, highlighted the importance of the EIB's trust in Arcano, while Cristina Reina Olmedo, the fund manager, emphasized the firm's expertise, excellence, and discipline in managing public funds.
Sectors
- Private Equity and Venture Capital
- Real Estate Development
- Sustainable Development
Geography
- Spain – The projects funded and managed by Arcano are intended to support urban and sustainable development across various regions in Spain.
- European Union – The funding is derived from the Next Generation EU program, indicating the European Union's involvement in this initiative.
Industry
- Private Equity and Venture Capital – Arcano Partners operates within the private equity sector, managing investments and funds such as the €210 million from the EIB.
- Real Estate Development – The funds managed will be directed towards urban development projects, including real estate for affordable housing and infrastructure in Spain.
- Sustainable Development – The focus on sustainable tourism and urban development highlights the sector's relevance to the projects planned by Arcano.
Financials
- €210 million – The amount provided by the EIB for Spanish Urban Development via Arcano Partners.
- €22 million – The maximum investment allocation per project under the SUD fund framework.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arcano Partners | Fund Manager | Company | A financial advisory firm tasked with managing €210 million from the EIB for urban development projects in Spain. |
| Banco Europeo de Inversiones (European Investment Bank - EIB) | Funding Source | Government | The European Union's lending institution providing €210 million for urban development projects in Spain. |
| Eduardo Fernández-Cuesta | Partner of Asset Management | Person | A partner at Arcano, expressing pride in managing EIB funds for Spanish infrastructure projects. |
| Cristina Reina Olmedo | Fund Manager | Person | A fund manager at Arcano, emphasizing the firm's competence in managing public funds with discipline and excellence. |