The EIB has worked with Spain since 1981. We financed the high-speed train connecting Madrid to Barcelona, the modernisation of hospitals, universities and cities to improve regional and social cohesion. For example, in Las Palmas, we transformed the way people move by financing MetroGuagua, comprising 17 hybrid-electrical buses carrying 4500 passengers in a peak hour.
A recent EIB loan, backed by the Juncker Plan, helped building the energy efficient Lagoh commercial centre in Seville, as part of Palmas Altas urban plan. We have also co-financed the EUR 609 million “Plan Navarra 2012”, to support the economy of the region with investments in the fields of education, health and cultural heritage.
The EIB has provided Spain with over EUR 178,4 billion affordable and long-term financing for 1108 projects, creating job opportunities and boosting growth.
At a glance
The EIB provides finance and expertise
for sound and sustainable investment projects in Spain.
In 2008, the EUR 609 million “Plan Navarra 2012” co-financed by the EIB provided a much needed breath of fresh air for the region. In the fields of education, health and cultural heritage, thousands of jobs have been created and the 50 operational projects are giving a fresh boost to the economy of Navarre.
The European Fund for Strategic Investments (EFSI)
EFSI is the central pillar of the Investment Plan for Europe. It helps overcome the investment gap, boost jobs and GDP and improve the lives of people across Europe, including Spain. It finances strategic investments in key areas such as infrastructure, research and innovation, education, renewable energy and energy efficiency as well as providing risk finance SMEs. All corporate projects signed in Spain since 2015 benefited from an EFSI guarantee. These projects cover various sectors, from the circular economy and energy to industry and health care.