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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Spain : € 400,000,000
    Transport : € 400,000,000
    Signature date(s)
    8/10/2010 : € 100,000,000
    10/11/2011 : € 100,000,000
    10/03/2011 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    23 April 2010
    Status
    Reference
    Signed | 08/10/2010
    20090672
    Project name
    Promoter - financial intermediary
    Balearic Airports Infrastructure

    ENTE Público de Aeropuertos Españoles y Navegación Aerea (AENA)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Indicatively, up to EUR 400 million.
    Indicatively, around EUR 800 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns infrastructure development work at three airports (Menorca, Palma and Ibiza) in the Balearic Islands, to enhance capacity and to improve safety and service standards.

    Palma de Mallorca airport is an International Connecting Point, and Ibiza and Mahon airports Community Connecting Points within the airports trans-European network, making each of the three project components eligible under Article 309 c).

    Environmental aspects
    Procurement

    The Promoter has confirmed that the development work at Palma de Mallorca, Ibiza and Menorca require formal EIAs. The Bank will review current progress in each case, the assessment of impacts, the degree of public consultation allowed and how any conditions imposed, or likely to be imposed, are to be incorporated into the works.

    The Bank will require the Promoter to confirm that all contracts for the implementation of the project will or have been tendered in accordance with the relevant EU procurement directives, with publication of tender notices in the EU Official Journal where appropriate.

    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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