Release date: 13 January 2004
Promoter – Financial Intermediary
Caja Laboral Popular (CLP)Location
Description
Multi-purpose global loan to finance small and medium-sized private and public sector projects in infrastructure, environmental protection and improvement, energy, health, education, housing and creation and dissemination of information and communication technologies.
Objectives
This global loan will be used to support investments of SMEs and public sector promoters throughout Spain. At least 70% of the global loan funds will be allocated to projects in Objective 1 and 2 areas.
Comments
Infrastructure, environmental protection and improvement, energy, health, education, housing and creation and dissemination of information and communication technologies.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 m. The EIB funding would represent up to 50% of individual allocations and about 33% of the total investment in projects.
Total cost (Approximate amount)
Approximately EUR 300m.
Environmental aspects
In accordance with the Bank’s global loans policy, CLP 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, CLP will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 19/01/2005
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).