JESSICA Leveraging Energy GL
- Reference: 20110473
- Release date: 24 October 2011
Acceptable financial intermediaries
- Spain
The credit line concerns mainly the financing of energy efficiency projects and also some renewable energy projects in urban areas (PV, solar water heaters, biomass boilers, etc.), across Spain. The sectors included are public and private buildings, except private residential buildings, industry, public transport, street lighting, and traffic lighting.
Dedicated credit line targeted at leveraging/complementing approved JESSICA-type financing schemes across Spain supporting mainly eligible sustainable and competitive energy efficiency/renewable energy (EE/ER) projects to be carried out primarily by private companies (including energy service companies - ESCOs) and/or other public-private entities.
- Credit lines
Up to EUR 200 million
Total cost (Approximate amount)Not applicable
Environmental aspectsThis operation will support projects that reduce energy consumption, increase the use of renewable energies and help to mitigate climate change. It thus generates significant environmental benefits. However, some individual schemes may have limited environmental impact.
Most of the projects will be developed by private entities that do not benefit from exclusive rights and thus are not subject to public procurement. However, it may include public authorities subject to the EU and Spanish procurement regulations.
Approved - 10/02/2012.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
