Reference: 20200084
Release date: 7 May 2020

Promoter – Financial Intermediary

ENDESA SA

Location

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)

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 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 Transport