{"id":26294,"date":"2026-01-12T11:46:10","date_gmt":"2026-01-12T09:46:10","guid":{"rendered":"https:\/\/investinnavarra.com\/el-banco-europeo-de-inversiones-aprueba-un-prestamo-de-228-me-para-la-segunda-fase-del-canal-de-navarra\/"},"modified":"2026-01-12T11:54:04","modified_gmt":"2026-01-12T09:54:04","slug":"the-european-investment-bank-approves-a-e228m-loan-for-the-second-phase-of-the-navarra-canal","status":"publish","type":"post","link":"https:\/\/investinnavarra.com\/en\/the-european-investment-bank-approves-a-e228m-loan-for-the-second-phase-of-the-navarra-canal\/","title":{"rendered":"The European Investment Bank approves a \u20ac228m loan for the second phase of the Navarra Canal"},"content":{"rendered":"

The European Investment Bank (EIB) has approved a \u20ac228 million loan to drive forward the second phase of the Navarra Canal, a strategic infrastructure project that will strengthen sustainable water management in the Chartered Community of Navarre and support the region\u2019s economic development. The operation marks a decisive step towards tendering and delivering this major hydraulic works programme, which will extend irrigation services and improve the supply of drinking water in Navarre\u2019s Ribera area.<\/h3>\n

European backing for a key infrastructure project<\/strong><\/p>\n

The EIB loan is intended to finance up to 75% of the total project cost\u2014an unusual level of coverage for the institution, which typically funds around 50%. The remaining 25% will be provided by the Government of Navarre, bringing the estimated investment for this phase to approximately \u20ac300 million.<\/p>\n

According to the EIB, this financing reflects the project\u2019s \u201chigh impact\u201d on European Union objectives, particularly in terms of efficient water management, sustainability and population wellbeing.<\/p>\n

A project with regional impact<\/strong><\/p>\n

The second phase of the Navarra Canal will enable the modernisation of water management across approximately 20,400 hectares of irrigated farmland, improving water-use efficiency and promoting energy efficiency in the agricultural sector. In addition, part of the water flow may be used to reinforce municipal drinking-water and industrial-water supplies through existing local services.<\/p>\n

The Government of Navarre has welcomed the decision, describing it as an important new milestone towards launching an infrastructure project seen as essential for territorial cohesion and for addressing the challenges of climate change.<\/p>\n

A milestone for future investment<\/strong><\/p>\n

The EIB\u2019s backing strengthens confidence in Navarre\u2019s ability to manage essential resources efficiently and advance towards more sustainable growth models, positioning the Canal as a strategic asset for agriculture, industry and urban uses across the region.<\/p>\n

Source<\/strong>: Diario de Navarra<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The European Investment Bank (EIB) has approved a \u20ac228 million loan to drive forward the second phase of the Navarra Canal, a strategic infrastructure project that will strengthen sustainable water management in the Chartered Community of Navarre and support the region\u2019s economic development. The operation marks a decisive step towards tendering and delivering this major […]<\/p>\n","protected":false},"author":2,"featured_media":26292,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-26294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-invest-in-en"],"yoast_head":"\nThe European Investment Bank approves a \u20ac228m loan for the second phase of the Navarra Canal • Invest In Navarra<\/title>\n<meta name=\"description\" content=\"The European Investment Bank (EIB) has approved a \u20ac228 million loan to drive forward the second phase of the Navarra Canal, a strategic infrastructure project that will strengthen sustainable water management in the region.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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