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    Reference: 20170397
    Release date: 21 June 2017

    Promoter – Financial Intermediary

    REDEXIS GAS SA

    Location

    Description

    Reinforcement and extension of the promoter's natural gas distribution network in several Spanish regions during the period 2018-2019

    Objectives

    The investments envisaged by the promoter include mainly the construction of new pipelines and associated equipment to reach unserved Spanish customers, who currently rely on more expensive and polluting fuels for heating and cooking.

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    EUR 125 million

    Total cost (Approximate amount)

    EUR 257 million

    Environmental aspects

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.

    Procurement

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation.

    Status

    Signed - 22/12/2017

    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 Energy