| Project Detail |
The project, located in the Spanish Basque Region, concerns the construction of a new plastics recycling plant to treat automotive shredder residues and the upgrade of existing facilities for metal waste shredding and sorting.
Objectives
The aim is to increase the recovery of materials from industrial waste, bringing a positive impact on the quality of the materials currently being recycled. The project will also reduce the amount of waste sent to landfills, in line with the relevant EU Directives, the EU Circular Economy Package, national and regional legislation. Additionally, it will improve the environmental and climate change performance of the promoter.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 93 million |
