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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Spain : € 80,000,000
    Solid waste : € 80,000,000
    Signature date(s)
    7/06/2017 : € 37,285,163
    7/06/2017 : € 42,714,837

    Summary sheet

    Release date
    10 June 2015
    Status
    Reference
    Signed | 07/06/2017
    20120018
    Project name
    Promoter - financial intermediary
    URBASER WASTE MANAGEMENT RDI AND INVESTMENT
    URBASER SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 186 million
    Location
    Sector(s)
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project concerns the financing of research, development and innovation in greenhouse-gas-reducing technologies for waste treatment, as well as investments in collection equipment.

    The project aims to improve the operation and functioning of waste treatment, by developing and optimizing waste-treatment processing technology, in order to achieve greater efficiency and recovery of as many by-products as possible. The procurement of more efficient, quieter and less polluting waste collection vehicles will also increase productivity and reduce greenhouse gas emissions.

    Environmental aspects
    Procurement

    The research, development and innovation (RDI) activities will be performed within existing facilities. It is unlikely that the project will fall under Annex I or II of Directive 2011/92/EC. Nevertheless, the environmental objectives of the RDI programme and, if needed, the CO2 footprint, as well as the possible impact on protected flora and fauna (Habitats 92/43/EEC and Birds 2009/147/EC Directives) will be assessed during the appraisal.

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not subject to EU rules on public procurement. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (i.e. Directive 2004/17/EC), then the Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 92/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - URBASER WASTE MANAGEMENT RDI AND INVESTMENT
    Publication Date
    4 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61173380
    Document Focus
    Environmental Information
    Project Number
    20120018
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - URBASER WASTE MANAGEMENT RDI AND INVESTMENT
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    123331878
    Document Focus
    Environmental Information
    Project Number
    20120018
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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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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    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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