Release date: 7 March 2024
Promoter – Financial Intermediary
HAIZEA BILBAO SLLocation
Description
The project will finance selected investments in research, development and innovation (RDI), in Advanced Manufacturing Technologies (AMT), as well as in automation and digitalisation related to Wind Turbine Generators (WTGs) towers and monopiles to be implemented in existing sites in Spain over the period 2024-26.
Objectives
The aim is to allow the promoter to develop new solutions for the wind sector, improve operational efficiency and add production capacity for traditional and large diameters WTGs supporting structures.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 35 million
Total cost (Approximate amount)
EUR 83 million
Environmental aspects
The project entails the expansion of an existing facility that might require an Environmental Impact Assessment (EIA) according to the Directive 2011/92/EU amended by the Directive 2014/52/EU. The outcome of the screening process carried out by the local competent environmental authorities and the environmental details will be verified during the Project due diligence.
Procurement
The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to the EU public procurement legislation then the European Commission will be duly informed, which will require the promoter to apply those rules.
Status
Under appraisal
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).