Release date: 31 May 2017
Promoter – Financial Intermediary
GAS NETWORKS IRELANDLocation
Description
The project is part of the promoter's investment plan in gas transmission and distribution networks. It consists of expansion, reinforcement, refurbishment and replacement works, new service connections, installation of new IT systems and acquisition of equipment.
Objectives
The project will help to improve the security, safety and reliability of gas supply.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 454 million
Environmental aspects
The permitting of the project components are expected to be at various stages and will be further investigated during appraisal to ensure compliance with the Bank's environmental and social standards.
Procurement
The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the energy sector.
Status
Signed - 7/12/2018
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).