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Reference: 20120031
Release date: 29 June 2012

Promoter – Financial Intermediary

ENTE PUBLICO DE AEROPUERTOS ESPANOLES Y NAVEGACION AEREA

Location

Description

The project aims at improving the degree to which international civil aviation safety standards are being met at airports within the Spanish network owned and operated by Aeropuertos Españoles y Navegación Aérea (AENA). This is required by the State Agency for Aviation Security (AESA) under the new certification process for Spanish airports. Improvements mainly comprise strip widening and re-profiling, obstacle removal, airfield lighting and navigational aid upgrades.

Objectives

All airports included in the project form part of the existing trans-European transport network (TEN-T). Four of them form part of the Core Network of the new proposal adopted by the European Commission, with the rest belonging to the Comprehensive Network of such proposal, making the project eligible under Article 309 point (c) common interest. In addition, approximately 45% of the estimated project cost corresponds to project components located in regions qualifying under the convergence objective, making the project partially eligible under Article 309 point (a) projects for developing less-developed regions.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 175 million

Total cost (Approximate amount)

EUR 353 million

Environmental aspects

The project components fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EC, leaving the competent authority the decision whether an EIA is required or not. This will be further reviewed and confirmed during appraisal.

Procurement

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 17/10/2012

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).

Related tags

Spain Transport