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Reference: 20140697
Release date: 16 December 2015

Promoter – Financial Intermediary

COMUNIDAD AUTONOMA DE CASTILLA Y LEON

Location

Description

EU co-financing of priority investments within the scope of Junta de Castilla y Leon's within the 2014-2020 Spanish Partnership Agreement.

Objectives

The project entails the co-financing of investments schemes in key priority areas and selected priorities as defined by the draft 2014-2020 Regional Operational Programme of the European Regional Development Fund (ERDF).

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 580 million

Total cost (Approximate amount)

EUR 1982 million

Environmental aspects

Castilla y León as a Spanish region is obliged by national legislation to transpose the relevant EU directives (Directives 2011/92/EU and 2001/42/EC) into national environmental legislation. The Bank's appraisal will focus on the Promoter's environmental management capacity to properly apply the Strategic Environmental Assessment (SEA) Directive (2001/42/EC), the Environmental Impact Assessment (EIA) Directive (2011/92/EU), as well as the requirements of the Habitats and Birds Directives where appropriate. All relevant key documents for the project will be published, in line with the Bank's disclosure policy.

Procurement

The Bank will require the Promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EC or 2004/17/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate. Projects with values below EU thresholds will be procured according to the provisions laid down in national legislation. Details to be reviewed by the Bank's services during appraisal.

Status

Signed - 26/07/2016

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).

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