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    Signature(s)

    Amount
    € 40,898,547.62
    Countries
    Sector(s)
    Spain : € 40,898,547.62
    Energy : € 40,898,547.62
    Signature date(s)
    9/12/2019 : € 40,898,547.62
    Link to source
    Data sheet
    Other links
    Summary sheet

    Summary sheet

    Release date
    19 July 2019
    Status
    Reference
    Signed | 09/12/2019
    20190210
    Project name
    Promoter - financial intermediary
    LA ISLA SOLAR PV
    NOVASOL INVEST LA ISLA SL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 41 million
    EUR 121 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project concerns the construction and operation of a solar photovoltaic plant with a total capacity of 182.5 MWp located in the municipality of Alcalá de Guadaira, in the province of Seville (Andalusia, Spain). The plant was awarded with a specific regulation as a result of a national competitive auction for renewable energy projects held in July 2017.

    The EIB intermediated financing for this operation is expected to have an important demonstration effect. Indeed, it will be one of the first greenfield solar energy projects to be financed in Spain after the moratorium in 2012 and the new regulatory framework, which came into effect in 2014. Additionally, the present operation will contribute to the achievement of Spain 2020 targets for renewable energy and to the reduction of the CO2 emissions.

    Environmental aspects
    Procurement

    The project falls under the Annex II of the Environmental Impact Assessment (EIA) Directive (Directive 2014/52/EU amending the EIA Directive 2011/92/EU), and have been screened in by the competent authority, who confirmed that applicable EIA processes have been performed. The authorization procedure has been completed for the solar photovoltaic plant and the relevant interconnection facilities.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation: Directive 2014/23/EU / 2014/24/EU or 2004/18/EC / 2014/25/EU or 2004/17/EC, where applicable, then the EIB would require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/23/EU / 2014/24/EU or 2004/18/EC / 2014/25/EU or 2004/17/EC, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Related projects
    Link to source
    Summary sheet

    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) - LA ISLA SOLAR PV
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94511910
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Estudio de Gestion de Residuos de Construcción y Demolición
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94338457
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Estudio de Impacto Acústico
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94334034
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Memoria Ambiental
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94339058
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Environmental Assessment Study
    Publication Date
    7 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94342087
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - EIA Maps
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94338573
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Estudio Hidrológico-Hidráulico
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94337446
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Estudio Para la Evaluación del Impacto Paisajístico y Visual
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94335511
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV - Memoria Ambiental - Environmental Assessment Modifications
    Publication Date
    24 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94339061
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - LA ISLA SOLAR PV
    Publication Date
    8 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94331240
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - LA ISLA SOLAR PV
    Publication Date
    21 Jul 2022
    Document language
    Main Topic
    Lending
    Document Number
    149518062
    Document Focus
    Environmental Information
    Project Number
    20190210
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    Other links
    Data sheet
    Summary sheet

    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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