Release date: 6 October 2002
Promoter – Financial Intermediary
URBASER, S.A., a private company fully owned by GRUPO DRAGADOS, S.A., was created in 1989 to diversify its activities into the waste management sector.
Location
Description
The project involves a number of investments related to the integrated waste management system in Cantabria.
Objectives
The project will contribute to the rationalization of waste management in Cantabria, reducing the landfill of waste and increasing the recycling of materials, as well as promoting the rational use of energy.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost
Total cost (Approximate amount)
Around EUR 73.6 million
Environmental aspects
The project complies with Directive 75/442/EEC ,as amended by 91/156/EEC, by promoting the recycling and processing of waste. It also falls under Annex II of Directive 97/11/EC, and in this particular case the competent authority has required a full environmental impact assessment.
Procurement
EIB procurement rules will pertain.
Status
Signed - 29/07/2004
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).