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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Spain : € 200,000,000
    Transport : € 200,000,000
    Signature date(s)
    12/09/2011 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    29 June 2010
    Status
    Reference
    Signed | 12/09/2011
    20090670
    Project name
    Promoter - financial intermediary
    Gran Canaria Airport Infrastrusture

    ENTE Público de Aeropuertos Españoles y Navegación Aérea

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to 200 million.
    Up to 450 million.
    Location
    Sector(s)
    Description
    Objectives

    Gran Canaria Airport is the fifth largest airport in Spain, processing over 9 million passengers in 2009.

    The project will increase capacity in line with projected growth and will improve safety standards and service levels.

    Environmental aspects
    Procurement

    The project is classified under Annex II of Council Directive 85/337 as amended by Directive 91/11/C and 2003/35/EC, thus requiring the Member State to determine whether or not a formal Environmental Impact Assessment is required.

    The Promoter is subject to the EU Procurement Directive 2004/17/EC and follows the relevant national legislation which incorporates the directive.

    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).

    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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    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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