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Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Spain : € 400,000,000
Urban development : € 6,800,000
Composite infrastructure : € 6,800,000
Energy : € 40,000,000
Water, sewerage : € 40,800,000
Industry : € 54,400,000
Solid waste : € 95,200,000
Services : € 120,000,000
Signature date(s)
21/01/2015 : € 6,800,000
21/01/2015 : € 6,800,000
21/01/2015 : € 36,000,000
21/01/2015 : € 40,000,000
21/01/2015 : € 40,800,000
21/01/2015 : € 54,400,000
21/01/2015 : € 95,200,000
21/01/2015 : € 120,000,000
Link to source

Summary sheet

Release date
5 November 2014
Status
Reference
Signed | 21/01/2015
20140487
Project name
Promoter - financial intermediary
EU FUNDS GALICIA CO-FINANCING 2014-2020
COMUNIDAD AUTONOMA DE GALICIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 400 million
Not disclosed.
Description
Objectives

Co-financing of priority investments from the Regional Operational and Rural Development Programmes and other eligible investments supported by Galician Smart Strategy RIS3 and not financed by EU funds

Climate Action (transversal)
Knowledge Economy
Support for renewal and regeneration (incl. Health) in rural and urban areas
SME (including Mid-Caps)
Environmental Protection

Environmental aspects
Procurement

Galicia, as a Spanish region, is subject to national environmental legislation transposing the relevant EU Directives 2011/92/EU and 2001/42/EC. The Bank’s appraisal will focus on the promoter’s environmental management capacity to properly apply the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.

The Bank will require the promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation. Details to be reviewed by the Bank’s services during appraisal.

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) - EU FUNDS GALICIA CO-FINANCING 2014-2020
Publication Date
5 Feb 2015
Document language
Main Topic
Lending
Document Number
57328031
Document Focus
Environmental Information
Project Number
20140487
Regions
Countries
Publicly available
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