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Summary sheet

Release date
19 November 2024
Status
Reference
Under appraisal | 17/07/2024
20240162
Project name
Promoter - financial intermediary
ICF ELDERLY AND VULNERABLE CARE RESIDENCES
GENERALITAT DE CATALUNYA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 400 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

Through Institut Català de Finances (ICF), a public financial institution acting as the promotional bank of Generalitat de Catalunya, the project will support private and public service providers implementing a number of residences and day care centres for elderly and vulnerable groups in the region.

The aim is to promote the construction and rehabilitation of residential centres providing social services in Catalonia.

Environmental aspects
Procurement

The EIB financing will support the construction of a number of elderly care centres, following the country Nearly Zero Energy Building (NZEB) regulation, in line with the EU Directive on Energy Performance of Buildings (2010/31/EU). As such, this project will have a positive impact on the achievement of Spain's national energy efficiency targets. Care facilities of this kind are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by Directive 2014/52/EU), though the project is covered by Annex II of the Directive in relation to urban development. The competent authority will have to determine whether the project is subject to a full EIA procedure according to the EIA Directives mentioned above. Further details on the screening decision, the environmental permitting status, the proximity and potential impact of each subproject to natural conservation areas, according to the Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively), and on other aspects of the environmental impact assessment will be verified during the appraisal.

The promoter has to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/23/EU or 2014/24/EU 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.

Milestone
Under appraisal
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).

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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.

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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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