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Signature(s)

Amount
€ 600,000,000
Countries
Sector(s)
Spain : € 600,000,000
Health : € 600,000,000
Signature date(s)
20/05/2020 : € 600,000,000
Link to source

Summary sheet

Release date
15 April 2020
Status
Reference
Signed | 20/05/2020
20200270
Project name
Promoter - financial intermediary
MADRID COVID-19 RESPONSE
COMUNIDAD DE MADRID
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 600 million
EUR 1019 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

The project will finance eligible investments incurred by the regional government of Madrid in relation to the COVID-19 pandemic.

The project will contribute to the region's preparedness and response efforts in the fight against COVID-19.

Environmental aspects
Procurement

The project concerns operational and capital expenditures that are expected to be carried out in the Promoter's existing facilities already authorised for the same purpose and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. However, in case the Promoter is notified by one of the competent environmental authorities that one of the components constituting the project should require an EIA or equivalent, a copy of such EIA needs to be sent to the EIB once established.

The promoter has to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

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) - MADRID COVID-19 RESPONSE
Publication Date
10 Jun 2020
Document language
Main Topic
Lending
Document Number
129392774
Document Focus
Environmental Information
Project Number
20200270
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - MADRID COVID-19 RESPONSE
Publication Date
30 Dec 2024
Document language
Main Topic
Lending
Document Number
238755194
Document Focus
Environmental Information
Project Number
20200270
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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