TECHEU ACCIONA ENERGY WATER & CONSTRUCTION R&DII (EIB-20250060)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Spain
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 16, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Acciona SA, Corporacion Acciona Energias Renovables SA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Communications
  • Construction
  • Energy
  • Industry and Trade
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 178.07 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 150
Converted using 2025-09-16 exchange rate.
Loan Amount (USD)
$ 178.07 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 150 million
Converted using 2025-09-16 exchange rate.
Project Cost (USD)
$ 365.63 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 308 million
Converted using 2025-09-16 exchange rate.
Bank Documents
Media Documents
Primary Source

Original disclosure @ EIB website

Updated in EWS Oct 7, 2025

Disclosed by Bank Oct 1, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the EIB, the project comprises the research, development and innovation (RDI) investments over the 2025-2028 period in the fields of water desalination and treatment, construction, renewable energies and circular economy.
In addition, the project includes investments to support the promoter's digital transformation.

The project will support European Promoters to deepen their knowledge of technologies in the areas of water treatment and recycling, desalination, waste recovery, renewable energy, water management and construction.
Additionally, it will also support digitalisation activities, including advanced data analytics and AI, system monitoring and optimisation, supply chain traceability, cyber security, advanced system and automation.

The proposed operation supports the Bank's Research, Innovation and Digital objective. It also supports four of the Bank's Strategic Priorities: 1) TECHEU 2) Europe's security and defence through investments in cybersecurity, 3) reinforcing Europe's social infrastructure through R&D into sustainable construction technologies and 4) consolidating the role of the EIB Group as the climate bank through investments in climate technologies, including water treatment, reuse and desalination.

The project will finance investments in Digitalization and RDI, which are ultimately directed to (i) develop new materials, processes and technologies in order to build sustainable infrastructures and (ii) to increase the efficiency of renewable energy generation.

The Project generates positive knowledge externalities through cooperation with suppliers, customers, and scientific institutes. It also generates environmental positive externalities arising from the deployment of technologies and products with lower carbon footprint and better public health. It contributes to enabling access to renewable energies, advanced water treatment, more sustainable construction techniques and to digital services. Moreover, the project will also help maintaining and creating highly skilled jobs in the promoter's various research facilities in Spain, a small percentage of which are located in EU cohesion regions.

The EIB provides a long-term financing combined with customized and flexible financial terms and conditions, which mirrors well the time horizon of R&D activities.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the EIB, ACCIONA is a global company and a leader in providing regenerative solutions for a decarbonised economy. Its business offering includes renewable energy, water treatment and management, eco-efficient transport and mobility systems, resilient infrastructure, etc. The company has been carbon neutral since 2016. ACCIONA recorded sales of €19.19 billion in 2024 and has a business presence in more than 40 countries.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Acciona S.A. Client Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces

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How it works