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Signature(s)

Amount
€ 35,000,000
Countries
Sector(s)
Spain : € 35,000,000
Industry : € 35,000,000
Signature date(s)
1/08/2024 : € 35,000,000
Link to source

Summary sheet

Release date
7 March 2024
Status
Reference
Signed | 01/08/2024
20230806
Project name
Promoter - financial intermediary
HAIZEA WIND GREEN LOAN
HAIZEA BILBAO SL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 35 million
EUR 83 million
Location
Sector(s)
Description
Objectives

The project will support the promoter's Research, Development and Innovation (RDI) activities in the field of towers, monopiles and transition pieces for offshore wind farms, carried out in the existing site in Spain over the period 2024-26. Additionally, the green loan will finance selected investments to deploy Advanced Manufacturing Technologies (AMT), automation and digitalisation.

The aim is to allow the promoter to develop new solutions for the wind sector, improve operational efficiency and add production capacity for traditional and large diameters WTGs supporting structures.

Environmental aspects
Procurement

The project entails the expansion of an existing facility that might require an Environmental Impact Assessment (EIA) according to the Directive 2011/92/EU amended by the Directive 2014/52/EU. The outcome of the screening process carried out by the local competent environmental authorities and the environmental details will be verified during the Project due diligence.

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to the EU public procurement legislation then the European Commission will be duly informed, which will require the promoter to apply those rules.

Milestone
Under appraisal
Approved
Signed
24 July 2024
1 August 2024
Related projects
Link to source
Other links

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) - HAIZEA WIND GREEN LOAN
Publication Date
13 Aug 2024
Document language
Main Topic
Lending
Document Number
188212084
Document Focus
Environmental Information
Project Number
20230806
Sector(s)
Regions
Countries
Publicly available
Download now

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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.

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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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