April 17 (Renewables Now) - The European Investment Bank (EIB) has granted a EUR-86-million (USD 97.3m) loan to Aena SME SA (BME:AENA) to support the Spanish airport operator’s renewable energy and energy efficiency projects across Spain.
Aena plans to install a solar photovoltaic (PV) system, to generate 13,600 MWh of electricity annually, at its Madrid airport, set up around 2,700 electric vehicle (EV) charging points, and replace airport lighting with low-energy alternatives, among other improvements in energy efficiency.
In Spain, Aena manages a network of 46 airports and two heliports. The two-year credit line will contribute 75% to the investments planned in these clean energy projects, the European Commission (EC) informed on Tuesday. Once all measures are deployed, carbon dioxide (CO2) emissions of Aena's airports will be reduced by 30% with expected air traffic included in the calculation.
The loan is supported by the EC’s Investment Plan for Europe, also known as the Junker plan.
(EUR 1.0 = USD 1.13)