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Signature(s)

Amount
€ 500,000,000
Countries
Sector(s)
Spain : € 500,000,000
Water, sewerage : € 500,000,000
Signature date(s)
21/12/2012 : € 150,000,000
14/06/2012 : € 350,000,000
Link to source

Summary sheet

Release date
28 July 2011
Status
Reference
Signed | 14/06/2012
20110048
Project name
Promoter - financial intermediary
Water Infrastructure – ACUAMED

ACUAMED

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 450 million
Up to EUR 1800 million
Location
Sector(s)
Description
Objectives

Financing of water infrastructure schemes in Spain, including new investments, improvement and modernisation of existing ones.

The project concerns a large investment programme for the implementation of water, wastewater and environmental protection infrastructure across five Mediterranean River Basins of Spain, namely Internal Basins of Catalunya, the Ebro, Jucar and Segura Rivers and the Mediterranean Andalussian Basin. Works include five components: desalination, environmental recuperation and flood prevention measures, wastewater reuse, interconnection and enhancement of bulk water supply systems, and irrigation efficiency measures.

Environmental aspects
Procurement

The programme will contribute to the restoration of highly degraded underground and surface water resources while enhancing the overall efficiency and climate change resilience of water services in water stressed regions. Compliance with EIA Directive (97/11/EC, SEA Directive 2001/42/EC, Directive 92/43/EC (Habitats) and Directive 2009/147/EC (Birds) amongst other EU directives will be assessed during appraisal. 

Works will be procured according to the law for public sector procurement i.e. Ley 30/2007 de 30 de Octubre de Contratos del Sector Publico. This legislation is in line with EU Directives 2004/17/EC and 2004/18/EC and satisfactory to the Bank.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - WATER INFRASTRUCTURE - ACUAMED
Publication Date
1 Jul 2016
Document language
Main Topic
Lending
Document Number
67400189
Document Focus
Environmental Information
Project Number
20110048
Sector(s)
Regions
Countries
Publicly available
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