📋 Tender Overview
Reference: 20240014
Release date: 3 June 2024
Promoter – Financial Intermediary
IBERDROLA SA
Location
Spain
Description
The project will finance selected investments in Research, Development and Innovation (RDI) and sustainable initiatives during the 2024-2027 period in Spain. RDI activities concern the promoter's strategic business areas, such as innovative client solutions, cybersecurity and automation, new technologies for both electricity networks and renewable energy.
Objectives
The aim is to finance the promoter's RDI programme focusing on renewables and electricity networks pilot projects, energy markets, IT infrastructure including smart solutions and cybersecurity. This operation will partially contribute towards climate action objectives.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 120 million
Total cost (Approximate amount)
EUR 250 million
Environmental aspects
RDI activities that will be carried out in existing facilities without changing their already authorised scope. The project will therefore not require an Environmental impact assessment (EIA) under the directive 2014/52/EU amending directive 2011/92/EU. In case the project includes schemes that require EIA, the promoter will be requested to comply with applicable EU legislation, as appropriate. An EIA as per Directive 2014/52/EU amending the EIA Directive 2011/92/EU as well as the relevant Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively) might be needed for certain energy generation, transmission and distribution projects within the scope of financing. The Bank's services will verify relevant environmental details during the appraisal.
Procurement
The promoter has to ensure that contracts for implementation of the project have been/will be tendered in accordance with the applicable EU procurement legislation, for contracts above the threshold Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
