EU FUNDS GALICIA CO-FINANCING 2014-2020

Promoter – Financial Intermediary

COMUNIDAD AUTONOMA DE GALICIA

Location

• Spain

Description

Co-financing of priority investments from the Regional Operational and Rural Development Programmes and other eligible investments supported by Galician Smart Strategy RIS3 and not financed by EU funds

Objectives

Climate Action (transversal)
Knowledge Economy
Support for renewal and regeneration (incl. Health) in rural and urban areas
SME (including Mid-Caps)
Environmental Protection

Sector(s)

• Composite infrastructure
• Agriculture, fisheries, forestry
• Solid waste
• Energy
• Services
• Water, sewerage
• Urban development
• Industry

Proposed EIB finance (Approximate amount)

EUR 400 million

Total cost (Approximate amount)

Not disclosed.

Environmental aspects

Galicia, as a Spanish region, is subject to national environmental legislation transposing the relevant EU Directives 2011/92/EU and 2001/42/EC. The Bank’s appraisal will focus on the promoter’s environmental management capacity to properly apply the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.

Procurement

The Bank will require the promoter, as a public administration entity, 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. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation. Details to be reviewed by the Bank’s services during appraisal.

Status

Signed - 21/01/2015