Based on the bank's disclosure page, the project is intended to finance an Electrical Vehicle (EV) interurban charging network, consisting of fast and super fast chargers located in the Spanish highways and major roads network (mostly Trans-European Networks - TEN-T), thus contributing to accelerate the EV adoption curve.

The connections between the EV charging stations and the medium and low voltage power grid may fall under Annex II of the Directive 2014/52/EU amending the Directive 2011/92/EU on the assessment of the effects of certain public and private projects on environment impact assessment (EIA) directive. The EIB will require in those cases to be informed of the screening decision issued by the Competent Authority.

The project will accelerate the electrification of road transport in Spain and thus prevent the emission of more than 0.9million tn of CO2 for the period 2022-2031. It will therefore contribute to achieve EU policy objectives, such as decarbonisation, sustainable transport and TEN-T infrastructure development, in line with the European Commission's sustainable transport and low-emission mobility policies.

The Borrower has been assessed by the EIB as being a private company and hence not being subject to EU rules on public procurement or concessions.

No contact information added at the time of the disclosure. 

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