Reference:
20010305
Release date: 3 October 2001
Release date: 3 October 2001
Promoter – Financial Intermediary
Tirme, S.A. (Concesionaria para la gestión de los resíduos urbanos de Mallorca del Consell de Mallorca)Location
Description
The project involves a number of investments related to the integrated waste management system on the island of Mallorca. The EIB has already contributed to financing the construction of the waste incineration plant in Mallorca
Objectives
The project will contribute to the rationalization of waste management on the island, reducing the landfill of waste and increasing the recycling of materials, as well as promoting the rational use of energy
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost
Total cost (Approximate amount)
Around EUR 120 million
Environmental aspects
The project complies with Directive 91/156/EEC on waste by promoting the recycling and processing of waste. The promoter is required to respect the norms imposed by the Directive 97/11/EC
Status
Signed - 18/09/2002