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    Summary sheet

    Release date
    9 July 2020
    Status
    Reference
    Approved | 02/09/2020
    20200375
    Project name
    Promoter - financial intermediary
    PUYLOBO ALLOCATION GREEN ENERGY FL 2019-0811
    IBERDROLA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 29 million
    EUR 57 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project, financing the Puylobo onshore wind farm (48.5 MW) in the Spanish region of Aragon, consists of an allocation under the framework loan (FL) 2019-0811 IBERDROLA SPAIN GREEN ENERGY FRAMEWORK LOAN.

    The operation will be key to increase electricity generation from renewable energy sources in Spain, in line with climate targets adopted for 2020, 2030 and 2050.

    Environmental aspects
    Procurement

    The project is included in Annex I of the Environmental Impact Assessment (EIA) Directive (Directive 2014/52/EU amending the EIA Directive 2011/92/EU), requiring full EIA, including public consultation. The project received its environmental permit in April 2019, for both the plant and the transmission line with no reported complaints.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation Directive 2014/23/EU / 2014/24/EU / 2014/25/EU, where applicable, then the Bank would require the promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/23/EU 2014/24/EU / 2014/25/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC, as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Related projects

    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 Data Sheet (ESDS) - PUYLOBO ALLOCATION GREEN ENERGY FL 2019-0811
    Publication Date
    10 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    131399784
    Document Focus
    Environmental Information
    Project Number
    20200375
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PUYLOBO ALLOCATION GREEN ENERGY FL 2019-0811
    Publication Date
    15 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    165235997
    Document Focus
    Environmental Information
    Project Number
    20200375
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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