Reference: 20190811
Release date: 9 July 2020

Promoter – Financial Intermediary

IBERDROLA SA

Location

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 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