Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Spain : € 500,000,000
    Energy : € 500,000,000
    Signature date(s)
    26/03/2012 : € 150,000,000
    7/12/2011 : € 350,000,000
    Link to source

    Summary sheet

    Release date
    29 June 2011
    Status
    Reference
    Signed | 07/12/2011
    20110155
    Project name
    Promoter - financial intermediary
    Gas Natural Fenosa X

    Gas Natural SDG SA

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1 132 million
    Location
    Sector(s)
    Description
    Objectives

    Reinforcement and extension of the gas distribution network in several Spanish regions, including convergence areas, during the period 2011-2013.

    The project will enable the upgrading and expansion of the gas distribution and local transmission infrastructure in several regions, thus strengthening the capacity to meet market growth and peak demand requirements. The major components of the project are: the construction of ca. 800 km of high pressure and 8 000 km of medium and low pressure gas pipelines. In addition, investments in information systems and to enhance asset integrity e.g. by procuring new plant and equipment, and enhancing leakage control systems are contemplated.

    Environmental aspects
    Procurement

    Some of the subprojects will fall under Annex II of the Environmental Impact Assessment Directive (85/337/EEC as amended in 1997 and 2003), requiring the competent authority to determine the need for an EIA in line with the Directive.

    The promoter is required to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by Directive 2004/17/EC, including publication in the Official Journal of the EU where appropriate.

    Link to source
    Summary sheet

    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).

    News & Stories

    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.

    Related publications