OVERVIEW

Location

Region of Catalonia, Spain 

Sector

Water - Irrigation

Procuring Authority

Reg Sistema Segarra-Garrigues

Project Company

Aigues del Segarra Garrigues, SA

Project Company Obligations

Design, Build, Finance, Operate and Maintain

Financial Close

8 July 2005

Capital Value

€1.2 billion

(USD $1.431 billion - 2005 exchange rate)

Contract Duration

39 years (subject to the extensions described below) 

Key Events

Scope change to ensure compliance with environmental laws, loan agreement termination, contract renegotiations