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Signature(s)

Amount
€ 600,000,000
Countries
Sector(s)
Spain : € 600,000,000
Credit lines : € 600,000,000
Signature date(s)
26/06/2015 : € 100,000,000
30/07/2015 : € 500,000,000
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Summary sheet

Release date
14 April 2015
Status
Reference
Signed | 26/06/2015
20150099
Project name
Promoter - financial intermediary
SPANISH LOCAL AUTHORITIES MBIL
Acceptable Counterparts
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 600 million
not applicable
Location
Sector(s)
Description
Objectives

Multibeneficiary intermediated loan dedicated to financing sustainable investments undertaken by Spanish local authorities

EIB credit line for local entities to finance projects of limited scale in Spain. The projects will constitute infrastructure or sustainable community investments including all basic facilities and installations required to provide a service to the public including in the fields of transport, energy, waste, telecommunications, water, health, education and social housing.

Environmental aspects
Procurement

The Bank will require that sub-projects financed under this loan comply with national legislation and applicable EU environmental legislation, as appropriate.

The Bank will require that sub-projects financed under this loan comply with national legislation and applicable EU procurement legislation, as appropriate.

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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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