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    Reference: 20120146
    Release date: 23 August 2012

    Promoter – Financial Intermediary




    Financing of the third phase of the extension and rehabilitation of the Hospital Universitario Marqués Valdecilla.


    The objective of the project is to facilitate the provision of modern healthcare services by upgrading and extending the hospital infrastructure on the campus.



    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 76 million

    Total cost (Approximate amount)

    EUR 160 million

    Environmental aspects

    Hospitals are not specifically mentioned in the EU Directive 2011/92/EU; however, the project may fall under the Annex II of the Directive in relation to urban development, in which case the decision on whether an EIA is needed or not is up to the local competent authorities. It is expected that the project will have positive social benefits as healthcare is an element of social cohesion.


    The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the investment project will be examined during appraisal.


    Signed - 5/08/2014


    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 Health