Release date: 29 July 2003
Promoter – Financial Intermediary
DEXIA SABADELL BANCO LOCAL, S.A.Location
Description
The global loan will be used to finance infrastructure investments of local authorities and public sector institutions, mainly located in assisted areas, following the allocation and information procedures standard in EIB global loan transactions.
Objectives
The project will contribute to regional development by improving infrastructures in assisted areas and also by contributing to environmental protection and rational use of energy.
Comments
Infrastructure, energy, environmental protection.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million. The EIB funding would represent up to 50% of individual allocations and about 33% of total investment in projects.
Total cost (Approximate amount)
Approximately EUR 300 million
Environmental aspects
In accordance with the Bank's global loan policy, DSBL will ensure that national legislation and EU directives will be applied as regards environmental protection.
Procurement
In accordance with the Bank's global loan policy, DSBL will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 2/12/2003
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).