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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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