Valencia Climate Change

Promoteur – Intermédiaire Financier

Instituto Valenciano de Finanzas

Lieu

• Espagne

Description

Financing of multiple small and medium scale ventures within the plan developed by the Regional Government of Valencia for improving the efficient use of natural resources and energy in facilities belonging to the public sector.

Objectifs

In the first phase, the project will consist of (a) the installation and operation of PV installations on the roofs of public schools; and (b) equipment to increase energy efficiency in public buildings (lighting and combined heat/cooling and power -tri-generation) as well as in street and traffic lighting.

Secteur(s)

• Énergie

Montant BEI envisagé (montant approximatif)

Up to EUR 150 million.

Coût total (montant approximatif)

Up to EUR 300 million.

Aspects environnementaux

This operation intends to bring environmental benefits by supporting projects that help to mitigate climate change. The individual schemes to be financed are likely to be small and are expected to have limited environmental impacts. It is unlikely that any of the projects is categorised as Annex II-type projects under the EIA Directive.

Passation des marchés

The Bank will review systems and procedures applied by the promoter during appraisal, including compliance with relevant national and EU legislation, as defined by Procurement Directive 2004/17/EC, and publication in the Official Journal of the EU where appropriate.

Statut

Signé - 26/05/2010