The financing will help Spanish airports reduce GHG emissions by approximately 30% over two years.
Under a contract made possible by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe, the EIB will provide Aena with an €86 million loan to improve the sustainability of Spanish airports. The investment will facilitate the creation of 635 indirect jobs during the project’s implementation phase, while the credit line will be available for use by Aena for the next two years, enabling the company to finance 75% of investments needed to improve energy efficiency and promote the use of renewable energy in Aena’s network of 46 airports and two heliports across Spain. These investments are planned in the Spanish Airport Regulation Document (DORA) 2017-2021.
More specifically, the financing will make it possible to “replace airport lighting systems with low-energy alternatives, optimise thermal insulation in terminals and renovate ventilation systems and boilers. In addition, the creation of a solar photovoltaic plant for on-site use is planned in Madrid – generating 13 600 MWh of clean energy a year and avoiding the emission of 2 980 tonnes of CO2 – as is the installation of around 2 700 electric vehicle recharging points in the network’s car parks”. Aena hopes that these improvements will help cut emissions at the country’s airports by 30%, taking into account expected air traffic.