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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Spain : € 200,000,000
Energy : € 200,000,000
Signature date(s)
25/07/2013 : € 200,000,000
Link to source

Summary sheet

Release date
26 February 2013
Status
Reference
Signed | 25/07/2013
20120154
Project name
Promoter - financial intermediary
IBERDROLA POWER DISTRIBUTION NETWORKS
IBERDROLA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 512 million
Location
Sector(s)
Description
Objectives

Investment programme aiming at reinforcing and modernising Iberdrola's electricity distribution network in Spain by connecting new supply points and improving overall reliability and safety of its distribution system.

Investment program to be carried out during 2012 and 2013 aimed at reinforcing and modernising Iberdrola´s electricity distribution network in Spain by connecting new supply points and improving overall reliability and safety of its distribution system.

Environmental aspects
Procurement

The project includes schemes that do require Environmental Impact Assessment. EIAs are being carried out in accordance with applicable legislation in line with the EU EIA Directive 92/2011/EU. The impacts that can be typically expected for these schemes relate to visual impact, vegetation clearance, impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbance during construction. Most of the project schemes relate to medium and low voltages and are therefore expected to have minimal or null environmental impacts.

The promoter is a contracting entity that falls under the Utilities Directive 2004/17/EC, and is therefore required to tender works, supplies and services contracts following public procurement rules, including the publication in the Official Journal of the EU (OJEU) 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).

Documents

Environmental and Social Data Sheet (ESDS) - IBERDROLA POWER DISTRIBUTION NETWORKS
Publication Date
17 Jan 2014
Document language
Main Topic
Lending
Document Number
45889558
Document Focus
Environmental Information
Project Number
20120154
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - IBERDROLA POWER DISTRIBUTION NETWORKS
Publication Date
7 Oct 2017
Document language
Main Topic
Lending
Document Number
63495845
Document Focus
Environmental Information
Project Number
20120154
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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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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