First EU ‘project bond’ in Spain halted

Series Title
Series Details 11.10.13
Publication Date 11/10/2013
Content Type

The building of a large offshore submarine gas storage facility in Spain has been halted in October 2013 due to earthquakes detected in the area. The so-called Castor Project is the first in Europe to issue ‘project bonds’ for a total of €1.4 billion.
Source Link Link to Main Source http://www.euractiv.com/euro-finance/eu-project-bonds-may-see-value-d-news-531021
Related Links
ESO: Background information: EU-EIB Project Bond Initiative launched with start of pilot phase http://www.europeansources.info/record/press-release-eu-eib-project-bond-initiative-launched-with-start-of-pilot-phase/
ESO: Background information: Memo: Europe 2020 Project Bond Initiative: Frequently asked questions http://www.europeansources.info/record/memo-europe-2020-project-bond-initiative-frequently-asked-questions/
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