Release date: 7 May 2020
Promoter – Financial Intermediary
ENDESA SALocation
Description
The project concerns the deployment of an Electric Vehicle Charging (EVC) network in Spain. The project will involve the installation of approximately 4,000 charging stations and the associated connections to the distribution network over the period 2020 to 2023. The charging infrastructure will consist of slow/normal charging stations as well as fast and super-fast chargers. The project will contribute to accelerate the electrification of road transport in Spain and therefore contribute towards achieving European decarbonization objectives.
Objectives
The project will contribute to accelerate the electrification of road transport in Spain and therefore contribute towards achieving European decarbonization objectives. This is a sub-operation of the EV CHARGING STATIONS IBERIA PROGRAMME LOAN a program that aims to support the promoters'/borrowers' plans for installing of infrastructure for electric vehicle mobility across Spain, contributing to the electrification of transport and therefore to pathways towards decarbonisation.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 35 million
Total cost (Approximate amount)
EUR 71 million
Environmental aspects
The final beneficiary will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
The final beneficiary will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 30/07/2020
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).