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ELECTRABEL CASTELNOU ENERGIA

Signature(s)

Amount
€ 145,000,000
Countries
Sector(s)
Spain : € 145,000,000
Energy : € 145,000,000
Signature date(s)
4/12/2006 : € 48,300,000
4/12/2006 : € 96,700,000
Link to source
Data sheet
ELECTRABEL CASTELNOU ENERGIA
Other links
Summary sheet
Electrabel - Castelnou Energía SL

Summary sheet

Release date
5 August 2004
Status
Reference
Signed | 04/12/2006
20040279
Project name
Promoter - financial intermediary
Electrabel - Castelnou Energía SL

ELECTRABEL
General Castaños no 4 - 3a planta
E - 28004 MADRID

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 145 m
Approximately EUR 330 m
Location
Sector(s)
Description
Objectives

Design, construction, commissioning and operation of an 800 MWe natural gas fired combined cycle gas turbine power station (CCGT) located near Zaragoza (Objective 2 area).

The project will meet growing electricity demand on the Iberian Peninsula at a competitive cost using modern gas-fired combined-cycle technology with a relatively low environmental impact.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws shall be ensured.

Procurement procedures are in compliance with relevant EU directives and national and regional legislation.

Link to source
Summary sheet
Electrabel - Castelnou Energía SL
Other links
Data sheet
ELECTRABEL CASTELNOU ENERGIA

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).

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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