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    Reference: 20230008
    Release date: 7 December 2023

    Promoter – Financial Intermediary




    The loan will finance the rehabilitation of AENA's Palma de Mallorca passenger terminal building. This is identified as a strategic project to be implemented under the Spanish Airport Regulation Document (DORA II) for the 2022-2026 period. The related works consist of: i) rehabilitation of the existing terminal building and modules A and D, including the optimisation of existing passenger processing and commercial areas; ii) upgrade of the terminal utility networks (electric, HVAC, IT, etc); iii) regulatory safety and security investments; iv) upgrade of the baggage handling system; v) upgrade of rescue and fire fighting detection, response systems and equipment.


    The aim of the investments concern the rehabilitation of the existing terminal building, upgrade of the terminal electric, HVAC and IT networks, optimisation of landside accessibilities, upgrade of passenger boarding bridges, and upgrade of rescue and fire fighting detection, response systems and equipment.


    Proposed EIB finance (Approximate amount)

    EUR 160 million

    Total cost (Approximate amount)

    EUR 322 million

    Environmental aspects

    A number of components included in this Project would normally be classified under Annex II of the Directive 2011/92/EU amended by the Environmental Impact Assessment (EIA) Directive 2014/52/EU, meaning that the Competent Authority makes the decision as to whether a formal EIA is required or not. Alignment to this and to other national and EU environmental legislation, including EU Directive on Energy Performance of Buildings, and the status of any pre-existing development consents will be reviewed and assessed during appraisal.


    The EIB will require the promoter to ensure that contracts for implementation of the project have been tendered in accordance with the applicable EU procurement legislation: 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.


    Signed - 14/05/2024

    Under appraisal
    6 February 2024
    14 May 2024


    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).

    Related tags

    Spain Transport