Release date: 22 November 2006
Promoter – Financial Intermediary
BANCO COOPERATIVO ESPAÑOL SALocation
Description
Multi-purpose global loan to finance small and medium-sized private and public sector projects in industry, tourism and services promoted by SMEs as well as in infrastructure, environmental protection and improvement, energy, health, education, i2i and social housing in rural areas.
Objectives
The project will contribute to regional development by improving infrastructures in assisted areas and also by contributing to environmental protection, reduction in pollution as well as rational use of energy and diversification.
Comments
Industry, services, tourism, infrastructure, energy, environ- mental protection and improvement, health, education, housing, innovation and the development of the information society.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 135 million. The EIB funding would represent up to 50% of individual allocations.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank’s global loans policy, final beneficiaries will be requested to comply with national legislation and EU directives as regards environmental protection.
Procurement
In accordance with the Bank’s global loan policy, final beneficiaries will be requested to comply with national legislation and EU tendering directives.
Status
Signed - 28/03/2007
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).