Release date: 21 June 2017
Promoter – Financial Intermediary
REDEXIS GAS SA
Reinforcement and extension of the promoter's natural gas distribution network in several Spanish regions during the period 2018-2019
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.
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 125 million
Total cost (Approximate amount)
EUR 257 million
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation.
Signed - 22/12/2017
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).