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    Signature(s)

    Amount
    € 105,000,000
    Countries
    Sector(s)
    Spain : € 105,000,000
    Transport : € 105,000,000
    Signature date(s)
    17/12/2015 : € 105,000,000

    Summary sheet

    Release date
    18 August 2015
    Status
    Reference
    Signed | 17/12/2015
    20150115
    Project name
    Promoter - financial intermediary
    SPANISH STATE FUND FOR PORTS ACCESSIBILITY
    ORGANISMO PUBLICO PUERTOS DEL ESTADO
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 105 million
    EUR 484 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a framework loan to fund rail and road access investments in state-owned ports in Spain through a State Fund - "PAF" (Port Accessibility Fund). The project will help to improve land connectivity in key ports all located in the TEN-T Network. The operation will be a natural continuation of the extensive support provided by the EIB to the development of this seaport network over the last years.

    The project contributes to strategic transport objectives including TEN-T, Climate Action, Cohesion Priority Regions / Economic and Social Cohesion, Conventional railways, roads and motorways.

    Environmental aspects
    Procurement

    As the operation includes several different schemes in several different locations, the need for an Environmental Impact Assessment (EIA) may vary according to location and will be analysed on a case-by-case basis at allocation stage. The same procedure will be followed to assess potential significant impacts on protected nature areas. Compliance with environmental and nature conservation directives and procedures will be checked at the allocation stage. The promoters and final beneficiaries' environmental compliance capabilities will be checked during appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable ED procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the ED, with publication of tender notices in the ED 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) - ACCESSIBILITY PORTS INFRASTRUCTURE
    Publication Date
    30 Jan 2016
    Document language
    Main Topic
    Lending
    Document Number
    64468905
    Document Focus
    Environmental Information
    Project Number
    20150115
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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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.
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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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