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Signature(s)

Amount
€ 610,816,153.36
Countries
Sector(s)
United Kingdom : € 610,816,153.36
Energy : € 610,816,153.36
Signature date(s)
14/03/2017 : € 114,203,487.77
14/03/2017 : € 114,203,487.77
29/03/2016 : € 382,409,177.82
Link to source

Summary sheet

Release date
8 January 2016
Status
Reference
Signed | 29/03/2016
20150580
Project name
Promoter - financial intermediary
SSE CAITHNESS MORAY POWER TRANSMISSION
SSE PLC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 671 million (GBP 500 million)
EUR 1559 million (GBP 1162 million)
Location
Sector(s)
Description
Objectives

The project covers the promoter's investments to create additional power transmission capacity in Scotland. It comprises about 180 km of underground and subsea cable, 2 AC/DC converter stations, and the construction or reinforcement of 8 substations and 2 power transmission lines, in north-eastern Scotland.

This reinforcement of transmission infrastructure in the area will allow the interconnection of up to 1,200 MW of additional generation from renewable sources (primarily wind).

Environmental aspects
Procurement

The project concerns activities some of which fall under Annex I and others under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU). Construction of a 275 kV overhead line, subsea cables and converter stations have all been found to require an EIA, while other sub-projects have been screened out by the authorities due to their limited scope and impact.
It is not foreseen that there will be any significant adverse impact on any European conservation site (e.g. Natura 2000, Habitats or Birds Directives sites) in the project area. The typical potential impact during construction would be noise, dust, vibration, traffic disruption, and impact on sea floor, water quality, birds, fish and marine mammal populations.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

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).

Documents

Non-Technical Summary (NTS) - SSE CAITHNESS MORAY TRANSMISSION - Caithness Converter Station
Publication Date
8 Mar 2016
Document language
Main Topic
Lending
Document Number
63746132
Document Focus
Environmental Information
Project Number
20150580
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - SSE CAITHNESS MORAY TRANSMISSION - Hub and Subsea Cables
Publication Date
6 Mar 2016
Document language
Main Topic
Lending
Document Number
63746728
Document Focus
Environmental Information
Project Number
20150580
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - SSE CAITHNESS MORAY TRANSMISSION - Dounreay-Mybster 275 and 132 kV OHL
Publication Date
5 Mar 2016
Document language
Main Topic
Lending
Document Number
63747034
Document Focus
Environmental Information
Project Number
20150580
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - SSE CAITHNESS MORAY TRANSMISSION - Blackhillock Substation Expansion - Environmental Statement
Publication Date
5 Mar 2016
Document language
Main Topic
Lending
Document Number
63747035
Document Focus
Environmental Information
Project Number
20150580
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - SSE CAITHNESS MORAY POWER TRANSMISSION
Publication Date
11 Mar 2016
Document language
Main Topic
Lending
Document Number
65209873
Document Focus
Environmental Information
Project Number
20150580
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SSE CAITHNESS MORAY POWER TRANSMISSION
Publication Date
16 Oct 2020
Document language
Main Topic
Lending
Document Number
130121691
Document Focus
Environmental Information
Project Number
20150580
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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Zero tolerance against fraud and corruption

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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