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    Signature(s)

    Amount
    € 125,000,000
    Countries
    Sector(s)
    Spain : € 125,000,000
    Energy : € 125,000,000
    Signature date(s)
    22/12/2017 : € 50,000,000
    19/01/2018 : € 75,000,000
    Link to source

    Summary sheet

    Release date
    21 June 2017
    Status
    Reference
    Signed | 22/12/2017
    20170397
    Project name
    Promoter - financial intermediary
    SPAIN GAS NETWORK EXPANSION II
    REDEXIS GAS SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 125 million
    EUR 257 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Reinforcement and extension of the promoter's natural gas distribution network in several Spanish regions during the period 2018-2019

    The investments envisaged by the promoter include mainly the construction of new pipelines and associated equipment to reach unserved Spanish customers, who currently rely on more expensive and polluting fuels for heating and cooking.

    Environmental aspects
    Procurement

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation.

    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) - SPAIN GAS NETWORK EXPANSION II
    Publication Date
    12 Sep 2017
    Document language
    Main Topic
    Lending
    Document Number
    76251049
    Document Focus
    Environmental Information
    Project Number
    20170397
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SPAIN GAS NETWORK EXPANSION II
    Publication Date
    23 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    149121638
    Document Focus
    Environmental Information
    Project Number
    20170397
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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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