Release date: 9 July 2020
Promoter – Financial Intermediary
IBERDROLA SALocation
Description
The project consists of a framework loan to finance several renewable energy generation plants across Spain, including several convergence regions.
Objectives
The aim is to implement a number of renewable energy plants (solar photovoltaic and onshore wind) schemes in Spain.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 600 million
Total cost (Approximate amount)
EUR 1336 million
Environmental aspects
Promoters' procedures for review of compliance of the investments with EU procurement, environmental and state aid legislation, where relevant.
Procurement
Promoters' procedures for review of compliance of the investments with EU procurement, environmental and state aid legislation, where relevant.
Status
Signed - 6/07/2020
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).