BBVA Global Loan VII

Promoter – Financial Intermediary

BANCO BILBAO VIZCAYA ARGENTARIA (BBVA)

Location

• Spain

Description

The project consists of a global loan to finance infrastructure investments of local authorities, related public sector promoters and private companies under concession.

Objectives

The project will contribute to regional development by improving infrastructures in assisted areas and also by contributing to environmental protection and rational use of energy.

Comments

Infrastructure, energy, environmental protection.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 300 m. The EIB funding would represent up to 50% of individual allocations.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.

Procurement

Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.

Status

Signed - 2/09/2005