Release date: 14 December 2020
Promoter – Financial Intermediary
ELMUBAS IBERICA SLLocation
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)
- Industry - Manufacturing
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 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).