Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 350,000,000
    Countries
    Sector(s)
    Spain : € 175,000,000
    France : € 175,000,000
    Energy : € 350,000,000
    Signature date(s)
    3/02/2012 : € 75,000,000
    6/10/2011 : € 100,000,000
    14/06/2012 : € 175,000,000
    Link to source

    Summary sheet

    Release date
    30 September 2010
    Status
    Reference
    Signed | 06/10/2011
    20100263
    Project name
    Promoter - financial intermediary
    INELFE Interconnexion France-Espagne

    Réseau de Transport d'Electricité (RTE) and
    Red Eléctrica de Espana (REE)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 350 million.
    Estimated at EUR 700 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the implementation of an underground High-Voltage Direct Current (HVDC) link interconnecting France (Baixas, near Perpignan) and Spain (Santa Llogaia, near Figueres) across the Pyrenees. The interconnector will have rated capacity of 2 000 MW, terminal voltage of 320 kV and length of 63 km. In the section of the route crossing the Pyrenees (Massif des Albères), the interconnector will be installed in a tunnel having a length of 8 km.

    The project will substantially increase the transmission capacity between France and Spain, so improving diversification and security of supply and enhancing electricity market integration in south-west Europe.

    Environmental aspects
    Procurement

    EIAs are currently ongoing for both the French and Spanish parts of the interconnector. The environmental impacts of the project mainly relate to effect on the hydro-geological system, production of waste excavation material, vegetation clearance and disruption during construction. According to the Environmental Impact Studies, appropriate mitigating measures will be put in place so to minimise the identified impacts.

    The procurement of the different components of the project is currently under implementation following procedures governed by the EU Directive 2004/17/EC

    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).

    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.

    Related publications