Release date: 23 March 2006
Promoter – Financial Intermediary
Canal Isabel II (Comunidad de Madrid)Location
Description
The project concerns a number of selected investments in water supply and wastewater treatment infrastructure in Madrid and surrounding areas.
Objectives
The project will help the promoter to ensure continuity of water supply service in the future and also to improvement water management in a region with scarce resources.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 150 million
Total cost (Approximate amount)
Around EUR 300 million
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities’ procurement, and national legislation.
Status
Signed - 13/07/2006
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).