Release date: 11 March 2009
Promoter – Financial Intermediary
Comunidad Castilla-La ManchaLocation
Description
Financing of water infrastructure.
Objectives
The project will contribute to improve the quality and reliability of the drinking water supply systems, and to reduce the pollution load discharged into receiving waters in compliance with EU directives and national legislation. The project will also strengthen the regional infrastructure and improve the living conitions of the population.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 550 million.
Total cost (Approximate amount)
Around EUR 1,300 million.
Environmental aspects
The project consists of a number of investments in water and wastewater assets. It is expected to have significant positive impacts on the environment. Compliance of EU Directives will be assessed during appraisal.
Procurement
The Bank will require the promoter to ensure that the contracts under the project have been or shall be tendered in accordance with EU public procurement procedures.
Status
Signed - 19/06/2009