ANNOUNCEMENT 13 Dec 2009On 13 December 2009, the EIB provided financing worth EUR 250 million (USD 365 million).
NUMBER OF INTERVENTIONS
EIB, Project financing summary, 'Energy Effic & Renewables Barcelona', 13 December 2009.
EIB, Project summary, 'Energy Effic & Renewables Barcelona', 13 December 2009.
EIB, Financed projects list
European Investment Bank. Press release. Spain: EUR 250 million for Barcelona Provincial Council’s energy and climate change programme.
According to the project description issued by the EIB, Development of the energy efficiency and renewable energy potential in the province of Barcelona. The project is developed in the framework of the Covenant of Mayors initiative of the European Commission.
The objective of the project is defined as following: The development of renewable energy and energy efficiency projects supports national and European targets in these two areas and thus supports climate change and security of energy supply objectives of the EU. In particular, the project contributes to the objectives of the Covenant of Mayors initiative of the Commission, as over 60 municipalities of the Barcelona province have joined the Covenant. These municipalities have committed to reduce GHG emission by over 20% by 2020..
A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.