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Signature(s)

Amount
€ 600,000,000
Countries
Sector(s)
Spain : € 600,000,000
Energy : € 600,000,000
Signature date(s)
14/07/2016 : € 150,000,000
14/12/2016 : € 150,000,000
26/09/2014 : € 300,000,000
Link to source

Summary sheet

Release date
14 January 2014
Status
Reference
Signed | 26/09/2014
20130408
Project name
Promoter - financial intermediary
ENDESA NETWORK MODERNISATION
ENDESA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 600 million
EUR 1725 million
Location
Sector(s)
Description
Objectives

Investments under the promoter's 2013-2015 business plan to reinforce, modernise and smarten electricity distribution networks throughout Spain.

The program comprises several investment schemes in the electricity sub-transmission and distribution network planned for implementation by Endesa in the years 2013-2015. The program will focus on modernisation and extension of the network. This will enable the Promoter to reduce losses and improve the reliability and quality of electricity supply.

Environmental aspects
Procurement

The program schemes concern facilities which fall under Annex I of the EIA Directive (2011/92/EU) and will have to undergo an obligatory Environmental Impact Assessment or Annex II which requires the competent national authority to determine the need for an EIA.

The Promoter’s procurement procedures are governed by the EU Utilities Directive 2004/17/EC and it 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) - ENDESA NETWORK MODERNISATION
Publication Date
3 Jun 2014
Document language
Main Topic
Lending
Document Number
53083152
Document Focus
Environmental Information
Project Number
20130408
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ENDESA NETWORK MODERNISATION
Publication Date
11 Jul 2017
Document language
Main Topic
Lending
Document Number
74932483
Document Focus
Environmental Information
Project Number
20130408
Sector(s)
Regions
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.
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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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