Release date: 11 March 2009
Promoter – Financial Intermediary
Ajuntament de BarcelonaLocation
Description
Barcelona, the capital of Catalonia, has experienced an important growth of its population during this decade. After an important decline in population during the 1990’s (leaving the city to the metropolitan area of Barcelona), the population has increased by 6.6% since 2000, reaching 1.6 million inhabitants in 2007.
Objectives
The project is a multi-sector framework loan to finance investment schemes during the current municipal term of office 2008-2011 in the fields of street lighting, street urbanisation, flood prevention, traffic management as well as education and social facilities.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
The estimated total cost of the project is EUR 300 million.
Environmental aspects
As a Member State, Spain is obliged to follow the relevant EU rules regarding the environmental impact of projects (namely SEA, EIA and Habitat/Natura 2000 Directives).
Procurement
The promoter is subject to and follows public procurement rules according to EU regulations. Tenders will be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds.
Status
Signed - 3/08/2009