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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Ireland : € 200,000,000
Energy : € 200,000,000
Signature date(s)
10/06/2002 : € 50,000,000
10/06/2002 : € 150,000,000
Link to source

Summary sheet

Release date
26 November 2001
Status
Reference
Signed | 10/06/2002
20010334
Project name
Promoter - financial intermediary
ESB Transmission & Distribution VI

Electricity Supply Board (ESB)
Contact point: Mick Roche, Group Treasurer
Email: michael.roche@mail.esb.ie
27 Lower Fitzwilliam Street. Dublin 2. Ireland.
Tel. 00 353 1 702 76 33. Fax 00 353 1 677 84 63.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 1.4 billion approximately
Location
Sector(s)
Description
Objectives

The project comprises more than 30 transmission schemes and several thousand technically independent distribution schemes for reinforcing and extending ESB's transmission and distribution networks covering the investment period 2001–2003. 

To cater to growing demand, allow connection of new power stations, improve quality and reliability of supply, reduce technical losses and comply with legal and regulatory requirements.

Environmental aspects
Procurement

The project is subject to the EU directive concerning Environmental Impact Assessment and is expected to comply with the relevant national legislation and EU Directives regarding environmental protection. Overall, the environmental impact of the project is expected to be limited and acceptable.

Procurement procedures are subject to EU Directive 93/38/EU and the promoter has implemented detailed procurement procedures that comply with the said Directive.

Comments

Electricity

Link to source

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).

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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