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Reference: 20070069
Release date: 22 May 2007

Promoter – Financial Intermediary

SASEMAR

Location

Description

Acquisition of air and maritime equipment.

Objectives

The investment will be for the natural disaster prevention and alleviation of Spanish coasts.

Comments

Air and Maritime.

Sector(s)

Proposed EIB finance (Approximate amount)

Around EUR 250 million.

Total cost (Approximate amount)

Around EUR 500 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 - 26/11/2007

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).

Related tags

Spain Transport