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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Spain : € 100,000,000
Transport : € 15,400,000
Water, sewerage : € 16,000,000
Urban development : € 68,600,000
Signature date(s)
14/04/2011 : € 7,700,000
3/08/2009 : € 7,700,000
14/04/2011 : € 8,000,000
3/08/2009 : € 8,000,000
14/04/2011 : € 34,300,000
3/08/2009 : € 34,300,000
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Summary sheet

Release date
11 March 2009
Status
Reference
Signed | 03/08/2009
20080720
Project name
Promoter - financial intermediary
Barcelona Desarrollo Integrado
Ajuntament de Barcelona
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
The estimated total cost of the project is EUR 300 million.
Description
Objectives

Barcelona, the capital of Catalonia, has experienced an important growth of its population during this decade. After an important decline in population during the 1990’s (leaving the city to the metropolitan area of Barcelona), the population has increased by 6.6% since 2000, reaching 1.6 million inhabitants in 2007.

The project is a multi-sector framework loan to finance investment schemes during the current municipal term of office 2008-2011 in the fields of street lighting, street urbanisation, flood prevention, traffic management as well as education and social facilities.

Environmental aspects
Procurement

As a Member State, Spain is obliged to follow the relevant EU rules regarding the environmental impact of projects (namely SEA, EIA and Habitat/Natura 2000 Directives).

The promoter is subject to and follows public procurement rules according to EU regulations. Tenders will be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds.

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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 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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