Release date: 23 April 2010
Promoter – Financial Intermediary
ENTE Público de Aeropuertos Españoles y Navegación Aerea (AENA)
Location
Description
The project concerns infrastructure development work at three airports (Menorca, Palma and Ibiza) in the Balearic Islands, to enhance capacity and to improve safety and service standards.
Objectives
Palma de Mallorca airport is an International Connecting Point, and Ibiza and Mahon airports Community Connecting Points within the airports trans-European network, making each of the three project components eligible under Article 309 c).
Sector(s)
Proposed EIB finance (Approximate amount)
Indicatively, up to EUR 400 million.
Total cost (Approximate amount)
Indicatively, around EUR 800 million.
Environmental aspects
The Promoter has confirmed that the development work at Palma de Mallorca, Ibiza and Menorca require formal EIAs. The Bank will review current progress in each case, the assessment of impacts, the degree of public consultation allowed and how any conditions imposed, or likely to be imposed, are to be incorporated into the works.
Procurement
The Bank will require the Promoter to confirm that all contracts for the implementation of the project will or have been tendered in accordance with the relevant EU procurement directives, with publication of tender notices in the EU Official Journal where appropriate.
Status
Signed - 8/10/2010
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).