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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Spain : € 150,000,000
    Water, sewerage : € 150,000,000
    Signature date(s)
    30/06/2009 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    23 February 2009
    Status
    Reference
    Signed | 30/06/2009
    20080805
    Project name
    Promoter - financial intermediary
    Galicia Medio Ambiente

    Comunidad Autónoma de Galicia

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 150 million.
    Estimated EUR 360 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns investments in the water supply and wastewater treatment infrastructure in the region of Galicia, Spain. These investments will ensure compliance with EU directives on drinking water and wastewater quality.

    The project will contribute to improve the quality and reliability of the drinking water supply systems, and to reduce the pollution load discharged into receiving waters. The project will also strengthen the regional infrastructure and improve the living conditions of the population.

    Environmental aspects
    Procurement

    The project’s compliance with all applicable EU and national environmental legislation will be verified during appraisal.

    Procurement procedures applied by the promoter are in compliance with EU Directives.

    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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    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.

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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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