The European Investment Bank (EIB) has signed agreements with Spanish firms A&G and Urbania Alpha to channel €230 million toward new housing and sustainable tourism projects across Spain, according to the official statement. The funding comes from Spain’s Regional Resilience Fund, part of the country’s recovery plan backed by NextGenerationEU money. This brings total agreements under the EIB’s new financing tool to €640 million, aimed at boosting urban development and green tourism.
A&G will receive €130 million through its real estate arm, while Urbania Alpha gets €100 million via its AEXX Capital brand. Both companies will look for investment opportunities nationwide, targeting affordable housing, education, healthcare, social infrastructure, clean transport, waste management, energy efficiency, and sustainable tourism. The deals run through December 2030, with individual projects capped at €22 million.
EIB Director General Jean-Christophe Laloux said these partnerships help unlock the capital needed to make housing more accessible and create a greener tourism model. He added that public-private deals like these help cities adapt to changing needs. Inés Carpio from Spain’s Treasury said the agreements expand the fund’s reach to specialized financial partners, channeling European money toward projects with real impact.
Alejandro Nuñez from A&G welcomed the trust from such a prestigious investor, saying his company is well-placed to manage public-private capital for urban renewal and sustainable tourism. He noted that A&G has built a strong real estate platform in Spain and sees this as a chance to promote affordable rental housing while supporting green projects and local jobs.
With these new deals, the EIB continues pushing forward Spain’s recovery efforts, bringing together public funds and private expertise to tackle housing shortages and build a more sustainable tourism sector.
