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Reference: 20010305
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

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).

Related tags

Spain Solid waste