Release date: 24 October 2011
Promoter – Financial Intermediary
Acceptable financial intermediaries
Location
Description
The credit line concerns mainly the financing of energy efficiency projects and also some renewable energy projects in urban areas (PV, solar water heaters, biomass boilers, etc.), across Spain. The sectors included are public and private buildings, except private residential buildings, industry, public transport, street lighting, and traffic lighting.
Objectives
Dedicated credit line targeted at leveraging/complementing approved JESSICA-type financing schemes across Spain supporting mainly eligible sustainable and competitive energy efficiency/renewable energy (EE/ER) projects to be carried out primarily by private companies (including energy service companies - ESCOs) and/or other public-private entities.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
This operation will support projects that reduce energy consumption, increase the use of renewable energies and help to mitigate climate change. It thus generates significant environmental benefits. However, some individual schemes may have limited environmental impact.
Procurement
Most of the projects will be developed by private entities that do not benefit from exclusive rights and thus are not subject to public procurement. However, it may include public authorities subject to the EU and Spanish procurement regulations.
Status
Signed - 8/05/2014
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).