Release date: 28 May 2009
Promoter – Financial Intermediary
AENA
Location
Description
The project consists of upgrading and extension of the Air Traffic Control facilities at the Spanish airports.
Objectives
Air traffic control constitutes essential infrastructure for the development of air transport in Spain. In addition, Spanish airspace is essential for intercontinental links between parts of Europe and both Northwest Africa and South America.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 400 million.
Total cost (Approximate amount)
Up to EUR 800 million.
Environmental aspects
The project is expected to comply with EU Community policy and legislation in the field of the environment. To be confirmed during appraisal.
Procurement
The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project will be tendered in accordance with the relevant EU procurement legislation. The procurement issues will be examined during appraisal.
Status
Signed - 4/08/2009
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).