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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
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 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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