Release date: 3 December 2009
Promoter – Financial Intermediary
Canal de Isabel II – Comunidad Autónoma de Madrid
Location
Description
The project concerns an investment programme in water supply and wastewater treatment infrastructure in Madrid and surrounding areas.
Objectives
The project is part of a strategic investment plan for 2008-2017 that aims at improving and ensuring the continuity of water supply services in accordance to the growing demand in the region. Within a context of water scarcity, the plan is also looking at fostering the re-use of wastewater for non residential uses.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 300 million
Total cost (Approximate amount)
Up to EUR 604 million
Environmental aspects
The project consists of a number of investments in water supply and wastewater infrastructure. It is expected to enhance significant positive impacts on the environment. Compliance with SEA directive 2001/42/EC, Directive 97/11/EC (EIA), and Directive 92/43/EC (Habitats) amongst other EU directives will be assessed during appraisal.
Procurement
Procurement for this project falls under the directives 2004/17/EC and 2004/18/EC. Compliance of the promoter with these directives will be assessed during appraisal.
Status
Signed - 4/06/2010
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).