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Signature(s)

Amount
€ 29,000,000
Countries
Sector(s)
Portugal : € 29,000,000
Energy : € 29,000,000
Signature date(s)
30/06/2017 : € 29,000,000

Summary sheet

Release date
18 January 2017
Status
Reference
Signed | 06/07/2017
20160517
Project name
Promoter - financial intermediary
NATURAL GAS DISTRIBUTION PORTUGAL 2016-2019
SONORGAS - SOCIEDADE DE GAS DO NORTE SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 29 million
EUR 58 million
Location
Sector(s)
Description
Objectives

The project is part of the promoter's investment plan to extend the gas distribution networks in its concession areas in the north of Portugal for the period Q3 2016-Q4 2019.

The project will enable the shift from more expensive and polluting fuels, bringing environmental benefits and potentially lower energy costs. The project will be located in less-developed regions.

Environmental aspects
Procurement

Based on current information, the planned investments fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended 2014/52/EU), leaving it to the competent authority to decide on the need for an EIA.

The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the water, energy, transport and postal services sectors.

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

Environmental and Social Data Sheet (ESDS) - NATURAL GAS DISTRIBUTION PORTUGAL 2016-2019
Publication Date
13 Jun 2017
Document language
Main Topic
Lending
Document Number
71429328
Document Focus
Environmental Information
Project Number
20160517
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - NATURAL GAS DISTRIBUTION PORTUGAL 2016-2019
Publication Date
27 Jul 2023
Document language
Main Topic
Lending
Document Number
171018850
Document Focus
Environmental Information
Project Number
20160517
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

General enquiries and comments

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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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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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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