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    Reference: 20200051
    Release date: 14 December 2020

    Promoter – Financial Intermediary

    ELMUBAS IBERICA SL

    Location

    Description

    The operation concerns investments in expansion, upgrading and modernisation of the Promoter's production, logistics and storage facilities over the period 2020-2023.

    Objectives

    The project contributes to the Promoter's strategy to increase competitiveness of its business through the modernisation and expansion of its production process and storage capacity.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 15 million

    Total cost (Approximate amount)

    EUR 33 million

    Environmental aspects

    The operation includes investments which might fall under Annex II of Directive 2011/92/EU. An environmental impact assessment (EIA) might be required by the authorities. All aspects related to the environmental impact and permits will be verified during the project's appraisal.

    Procurement

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

    Status

    Signed - 25/11/2020

    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 Industry