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    Signature(s)

    Amount
    € 900,000,000
    Countries
    Sector(s)
    Spain : € 900,000,000
    Energy : € 900,000,000
    Signature date(s)
    7/12/2016 : € 300,000,000
    22/12/2015 : € 600,000,000
    Link to source

    Summary sheet

    Release date
    8 September 2015
    Status
    Reference
    Signed | 22/12/2015
    20140604
    Project name
    Promoter - financial intermediary
    GNF NATURAL GAS NETWORK EXPANSION
    GAS NATURAL SDG SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 900 million
    EUR 1820 million
    Location
    Sector(s)
    Description
    Objectives

    The project is part of the promoter's investment programme to extend the local gas transmission and distribution networks in Spain for the period 2015-2018. The planned investments include the construction of new pipelines of various operating pressures and stand-alone LNG regasification stations to reach unserved customers who currently rely on fuel oil and propane for heating and cooking. The investment schemes are located in various parts of the country.

    The project will allow for the replacement of more polluting fuels by cleaner and cheaper natural gas in the residential, commercial and industrial sectors. Parts of the project will be located in EIB cohesion priority regions. The project will also help accelerate the rate of gas penetration to households in Spain, bringing it closer to the EU average.

    Environmental aspects
    Procurement

    Current information suggests that some of the project components will require environmental impact assessments (EIAs) from regional authorities. Two local transmission pipelines components have already been approved by the competent authorities.

    The investments under the project are subject to the procurement provisions defined in EU Directive 2004/17/EC for entities operating in the water, energy, transport and postal services sectors.

    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).

    Documents

    Environmental and Social Impact Assessment (ESIA) - GNF NATURAL GAS NETWORK EXPANSION - Fuencarral Pipeline
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    60696965
    Document Focus
    Environmental Information
    Project Number
    20140604
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GNF NATURAL GAS NETWORK EXPANSION - Getafe Pipeline
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    60700128
    Document Focus
    Environmental Information
    Project Number
    20140604
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - GNF NATURAL GAS NETWORK EXPANSION
    Publication Date
    5 Jan 2016
    Document language
    Main Topic
    Lending
    Document Number
    63873459
    Document Focus
    Environmental Information
    Project Number
    20140604
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - GNF NATURAL GAS NETWORK EXPANSION
    Publication Date
    23 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    144938918
    Document Focus
    Environmental Information
    Project Number
    20140604
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    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.

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    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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