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Signature(s)

Amount
€ 260,000,000
Countries
Sector(s)
United Kingdom : € 32,000,000
Spain : € 228,000,000
Industry : € 260,000,000
Signature date(s)
29/11/2012 : € 32,000,000
29/11/2012 : € 228,000,000
Link to source
Data sheet

Summary sheet

Release date
21 March 2012
Status
Reference
Signed | 29/11/2012
20110463
Project name
Promoter - financial intermediary
GAMESA RDI
GAMESA CORPORACION TECNOLOGICA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 260 million
EUR 530 million
Location
Sector(s)
Description
Objectives

The project consists of research, development and product/process innovation investments for wind turbine generators in Spain and the United Kingdom.

The projects objective is to develop new and more efficient wind turbine generators.

Environmental aspects
Procurement

The project is expected to be carried out in existing R&D facilities already authorised in which case an Environmental Impact Assessment (EIA) would not be necessary as per Directive 85/337/EC and its amendments. However, the project may include some components, e.g. on-shore and off-shore experimental wind turbines installations, which may fall under the EIA Directive. Full environmental details will be verified during the appraisal.

The promoter is a private company not operating in the utilities sector, and is thus not covered by EU Directives on procurement.

Comments

The Risk Sharing Finance Facility (RSFF) is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

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).

Documents

Environmental and Social Data Sheet (ESDS) - GAMESA RDI
Publication Date
14 Jan 2016
Document language
Main Topic
Lending
Document Number
64088494
Document Focus
Environmental Information
Project Number
20110463
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - GAMESA RDI
Publication Date
28 Oct 2016
Document language
Main Topic
Lending
Document Number
65607235
Document Focus
Environmental Information
Project Number
20110463
Sector(s)
Countries
Publicly available
Download now

News & Stories

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

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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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