Signature(s)
Amount
€ 12,500,000
Countries
Sector(s)
Spain
: € 12,500,000
Water, sewerage
: € 12,500,000
Signature date(s)
20/11/2017 : € 12,500,000
Link to source
Data sheet
Other links
Summary sheet
Release date
30 March 2017
Status
Reference
Signed | 20/11/2017
20160943
Project name
Promoter - financial intermediary
MBIL FOR COMUNIDADES DE REGANTES
Banco Santander SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 12 million
not applicable
Location
Sector(s)
- Water, sewerage - Agriculture, forestry and fishing
Description
Objectives
The purpose of this facility is to finance eligible investment carried out by irrigation user communities having the status of a 'body governed by public law' in Spain. The projects to be funded by the financial intermediaries involve the upgrading of the current infrastructure for higher efficiency in water and energy use and open a valuable option to farmers to improve the resource footprint of crop production.
Financing of small/medium projects carried out by bodies governed by public law
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
Other links
Data sheet