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    Reference: 20160807
    Release date: 19 December 2016

    Promoter – Financial Intermediary

    ACCEPTABLE CORPORATE(S)

    Location

    Description

    The operation is a programme loan that aims to finance investments in energy efficiency refurbishments carried out by eligible property-owning corporates in Spain.

    Objectives

    Climate Change Renewable Energy and Energy Efficiency

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 44 million

    Total cost (Approximate amount)

    EUR 200 million

    Environmental aspects

    For new & refurbished buildings mention relevant EU Directive on Energy Performance of Buildings.

    Procurement

    The sub-projects under this programme loan are not expected to require an EIA under the EIA Directive 2011/92/EU as the EE measures will be implemented in existing buildings in urban areas. The Bank will review relevant permits and environmental management processes during appraisal, including mitigation measures to be taken and any potential effects on nature conservation sites (Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC). Through the project, different types of energy efficiency measures in buildings will be implemented, reducing the energy consumption and CO2 emissions of the buildings. The Bank will assess the capacity and procedures to ensure compliance with national and European regulations in buildings as per the requirements of the EU Directives (Energy Performance Building Directive - 2010/31/EU and Energy Efficiency Directive 2012/27/UE).

    Status

    Approved - 4/04/2017

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Spain Industry