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Signature(s)

Amount
€ 61,000,000
Countries
Sector(s)
Spain : € 61,000,000
Solid waste : € 61,000,000
Signature date(s)
18/09/2002 : € 61,000,000
Link to source
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Summary sheet

Release date
3 October 2001
Status
Reference
Signed | 18/09/2002
20010305
Project name
Promoter - financial intermediary
Mallorca solid waste management
Tirme, S.A. (Concesionaria para la gestión de los resíduos urbanos de Mallorca del Consell de Mallorca)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost
Around EUR 120 million
Location
Sector(s)
Description
Objectives

The project involves a number of investments related to the integrated waste management system on the island of Mallorca. The EIB has already contributed to financing the construction of the waste incineration plant in Mallorca

The project will contribute to the rationalization of waste management on the island, reducing the landfill of waste and increasing the recycling of materials, as well as promoting the rational use of energy

Environmental aspects

The project complies with Directive 91/156/EEC on waste by promoting the recycling and processing of waste. The promoter is required to respect the norms imposed by the Directive 97/11/EC

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).

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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