Release date: 19 December 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
The operation is a programme loan that aims to finance investments in energy efficiency refurbishments carried out by eligible property-owning corporates in Spain.
Objectives
Climate Change Renewable Energy and Energy Efficiency
Sector(s)
- Industry - Construction
Proposed EIB finance (Approximate amount)
EUR 44 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
For new & refurbished buildings mention relevant EU Directive on Energy Performance of Buildings.
Procurement
The sub-projects under this programme loan are not expected to require an EIA under the EIA Directive 2011/92/EU as the EE measures will be implemented in existing buildings in urban areas. The Bank will review relevant permits and environmental management processes during appraisal, including mitigation measures to be taken and any potential effects on nature conservation sites (Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC). Through the project, different types of energy efficiency measures in buildings will be implemented, reducing the energy consumption and CO2 emissions of the buildings. The Bank will assess the capacity and procedures to ensure compliance with national and European regulations in buildings as per the requirements of the EU Directives (Energy Performance Building Directive - 2010/31/EU and Energy Efficiency Directive 2012/27/UE).
Status
Approved - 4/04/2017
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).