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Summary sheet

Release date
2 June 2025
Status
Reference
Approved | 16/06/2025
20240447
Project name
Promoter - financial intermediary
MADRID ALLOCATION GREEN ENERGY FL 20200212
AENA SME SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 98 million
EUR 109 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Financing of a photovoltaic project in the Spanish airport of Madrid Barajas (142MWp). This is an allocation under the framework loan (FL) AENA COVID-19 GREEN ENERGY LOAN FL (2020-0212).

This project will contribute to the achievement of both national and EU energy and decarbonisation objectives, and increase self-sufficiency and sustainability of airport operations. The financing of this project would contribute to the EIB's lending policy on renewable energy and climate action.

Environmental aspects
Procurement

Due to its technical characteristics, the photovoltaic (PV) plants fall under EIA Directive 2011/92/EU as amended by the Directive 2014/52/EU, requiring the competent authorities to determine whether an Environmental Impact Assessment (EIA) is required. The PV plant, including its grid connection infrastructure was initially subject to an ordinary EIA process. Subsequently, Spanish Real Decreto-ley 6/2022 was adopted, introducing measures to streamline renewable energy projects amidst the energy crisis related to the Ukraine war. The project met the criteria outlined in Article 6 of this regulation, requiring the project to transition to a simplified environmental assessment procedure and requiring the preparation of an Executive Summary quantifying the project's environmental impacts. Finally, based on the promoter's provided documentation, the competent authority issued a favourable opinion, concluding the environmental permitting process. The project site does not overlap with any protected areas, and no direct or indirect impacts are expected. The closest Natura 2000 site to the Project is SAC "Cuencas de los ríos Jarama y Henares" (ES3110001) at 410 m.

The promoter is a public undertaking, subject to EU procurement directives. The promoter has confirmed that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/23/EU / 2014/24/EU / 2014/25/EU, 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. According to the promoter, the implementation of the project, including procurement of the main components, has been awarded to contractor Construcciones San José. Solar PV modules will be supplied by Trina Solar.

Milestone
Approved
16 June 2025
Related projects
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) - MADRID ALLOCATION GREEN ENERGY FL 20200212
Publication Date
18 Jun 2025
Document language
Main Topic
Lending
Document Number
240662241
Document Focus
Environmental Information
Project Number
20240447
Sector(s)
Regions
Countries
Publicly available
Download now

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