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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Spain : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
8/05/2014 : € 50,000,000
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Summary sheet

Release date
24 October 2011
Status
Reference
Signed | 08/05/2014
20110473
Project name
Promoter - financial intermediary
JESSICA Leveraging Energy GL

Acceptable financial intermediaries

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million
Not applicable
Location
Sector(s)
Description
Objectives

The credit line concerns mainly the financing of energy efficiency projects and also some renewable energy projects in urban areas (PV, solar water heaters, biomass boilers, etc.), across Spain. The sectors included are public and private buildings, except private residential buildings, industry, public transport, street lighting, and traffic lighting.

Dedicated credit line targeted at leveraging/complementing approved JESSICA-type financing schemes across Spain supporting mainly eligible sustainable and competitive energy efficiency/renewable energy (EE/ER) projects to be carried out primarily by private companies (including energy service companies - ESCOs) and/or other public-private entities.

Environmental aspects
Procurement

This operation will support projects that reduce energy consumption, increase the use of renewable energies and help to mitigate climate change. It thus generates significant environmental benefits. However, some individual schemes may have limited environmental impact.

Most of the projects will be developed by private entities that do not benefit from exclusive rights and thus are not subject to public procurement. However, it may include public authorities subject to the EU and Spanish procurement regulations.

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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.

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.

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