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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Poland : € 250,000,000
Energy : € 250,000,000
Signature date(s)
16/12/2009 : € 250,000,000
Link to source

Summary sheet

Release date
6 August 2009
Status
Reference
Signed | 16/12/2009
20090447
Project name
Promoter - financial intermediary
Northern Poland Energy Distribution
Private/Disitribution System Operator in Poland
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million.
EUR 572 million.
Location
Sector(s)
Description
Objectives

The project comprises a large number schemes for extending and modernising the promoter’s electricity networks covering the investment period 2009-2011.

The project includes the construction and refurbishment of 1,300 km of MV lines, 3,100 km of LV lines and around 2,600 MV/LV substations as well as few HV lines for the connection of renewable energy sources, mainly wind farms.

Environmental aspects
Procurement

All the projects schemes will fall under Annex II of the EIA directive, leaving it to the national competent authority to decide whether an EIA will be required in line with screening criteria specified in the directive. The criteria applied by the national competent authorities in Poland will be investigated during the appraisal. In line with the Bank guidelines the evaluation will assess the promoter’s capacity to address environmental and biodiversity issues in an appropriate way.

The promoter follows public procurement procedures in compliance with the Directive 2004/17/EC and with the Polish Public Procurement Act. The promoter’s approach for the procurement of works, goods and services will be further evaluated during the appraisal.

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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