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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Spain : € 30,000,000
    Services : € 15,000,000
    Transport : € 15,000,000
    Signature date(s)
    20/07/2017 : € 15,000,000
    20/07/2017 : € 15,000,000

    Summary sheet

    Release date
    11 November 2016
    Status
    Reference
    Signed | 20/07/2017
    20160355
    Project name
    Promoter - financial intermediary
    SOMACYL URBAN AND RURAL INFRASTRUCTURE
    SOCIEDAD PUBLICA DE INFRAESTRUCTURAS Y MEDIO AMBIENTE DE CASTILLA Y LEON SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 62 million
    Location
    Sector(s)
    Description
    Objectives

    EIB loan to finance rural tourism and transport infrastructure in the region of Castilla y León

    The operation finances infrastructure in two key areas of the region of Castilla y León's development plans: rural tourism and inter-city bus transport. These investments will foster sustainable growth and employment in sparsely populated areas and contribute to the use of public transport for regional mobility.

    Environmental aspects
    Procurement

    The investment schemes included in the project typically fall outside of the scope of the Environmental Impact Assessment (EIA) Directive. However, this will be further analysed during the appraisal, together with the potential impact (both positive and negative) of the investments. Compliance with the EIA Directive, as well as any potential significant or negative impact of the project on areas included in the Natura 2000 network (according to the Habitats Directive 92/43/EEC and the Birds Directive 2009/147/EC) will be assessed during appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU 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 EU, with publication of tender notices in the Official Journal of the EU, 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) - SOMACYL URBAN AND RURAL INFRASTRUCTURE
    Publication Date
    23 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    67582494
    Document Focus
    Environmental Information
    Project Number
    20160355
    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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