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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Spain : € 300,000,000
    Water, sewerage : € 300,000,000
    Signature date(s)
    4/06/2010 : € 100,000,000
    4/01/2011 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    3 December 2009
    Status
    Reference
    Signed | 04/06/2010
    20090601
    Project name
    Promoter - financial intermediary
    Madrid Water Management

    Canal de Isabel II – Comunidad Autónoma de Madrid

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 300 million
    Up to EUR 604 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns an investment programme in water supply and wastewater treatment infrastructure in Madrid and surrounding areas.

    The project is part of a strategic investment plan for 2008-2017 that aims at improving and ensuring the continuity of water supply services in accordance to the growing demand in the region. Within a context of water scarcity, the plan is also looking at fostering the re-use of wastewater for non residential uses.

    Environmental aspects
    Procurement

    The project consists of a number of investments in water supply and wastewater infrastructure. It is expected to enhance significant positive impacts on the environment. Compliance with SEA directive 2001/42/EC, Directive 97/11/EC (EIA), and Directive 92/43/EC (Habitats) amongst other EU directives will be assessed during appraisal.

    Procurement for this project falls under the directives 2004/17/EC and 2004/18/EC. Compliance of the promoter with these directives will be assessed during appraisal.

    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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    Other links

    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.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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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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