AENA ENERGY EFFICIENCY INVESTMENT PLAN SFSB

Promoter – Financial Intermediary

AENA SME SA

Location

• Spain

Description

The project will finance the environmentally sustainable investments under AENA's strategic plan, DORA. During the period 2018-2021, AENA will invest in the energy efficiency renovation of airport terminals and other buildings as well as in low-carbon mobility. The project falls under the Smart Finance for Smart Buildings ("SFSB") Initiative.

Objectives

The project seeks to reduce the environmental impact of AENA's activity and operations, with specific actions aimed at protecting the environment with the long-term goal of achieving an economically sustainable business model. AENA's airports will anticipate and go beyond the future regulatory framework in place once the new law on climate change and energy transition is passed.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 90 million

Total cost (Approximate amount)

EUR 101 million

Environmental aspects

The project covers the rehabilitation of airport terminals and other associated buildings, renewable energy plants and electric car charging stations, which are not specifically mentioned in the EIA Directive 2011/92 /EU, as amended by Directive 2014/52/EU. Nevertheless, all environmental aspects and compliance with applicable directives will be assessed at appraisal.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU and 2014/25/EU, where applicable, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Status

Signed - 16/04/2019