Release date: 14 April 2015
Promoter – Financial Intermediary
Acceptable CounterpartsLocation
Description
Multibeneficiary intermediated loan dedicated to financing sustainable investments undertaken by Spanish local authorities
Objectives
EIB credit line for local entities to finance projects of limited scale in Spain. The projects will constitute infrastructure or sustainable community investments including all basic facilities and installations required to provide a service to the public including in the fields of transport, energy, waste, telecommunications, water, health, education and social housing.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 600 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The Bank will require that sub-projects financed under this loan comply with national legislation and applicable EU environmental legislation, as appropriate.
Procurement
The Bank will require that sub-projects financed under this loan comply with national legislation and applicable EU procurement legislation, as appropriate.
Status
Signed - 26/06/2015
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).