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Signature(s)

Amount
€ 90,497,737.56
Countries
Sector(s)
Sweden : € 90,497,737.56
Energy : € 90,497,737.56
Signature date(s)
22/12/2022 : € 90,497,737.56

Summary sheet

Release date
29 June 2022
Status
Reference
Signed | 22/12/2022
20210524
Project name
Promoter - financial intermediary
ELLEVIO DISTRIBUTION NETWORK INVESTMENTS II
ELLEVIO AB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
SEK 1000 million (EUR 92 million)
SEK 2141 million (EUR 197 million)
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The operation is a multi-scheme investment project for electricity distribution grid infrastructure in the Greater Stockholm area in Sweden, covering the period 2021-2026.

Electricity distribution stations, most notably the Värtan station, are approaching the end of their technical lifetime, and there is a need to increase existing capacity to meet an expected increase in electricity consumption and to ensure a stable supply of electricity in Stockholm over the coming years.

Environmental aspects
Procurement

The programme concerns electricity distribution schemes (underground cables, new substations and works in existing substations), some of which may fall under Annex I of the Directive 2014/52/EU, amending the EIA Directive 2011/92/EU, and will have to undergo an obligatory environmental impact assessment (EIA), while some schemes may fall under Annex II which requires the competent national authority to determine the need for an EIA. According to the Promoter, EIAs have already been carried out for two project schemes. The main impacts that can be typically expected for projects of this nature relate to visual impact and disturbance during construction.

The Promoter is a public entity, subject to the Utilities Directive.

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) - ELLEVIO DISTRIBUTION NETWORK INVESTMENTS II
Publication Date
21 Dec 2022
Document language
Main Topic
Lending
Document Number
154260279
Document Focus
Environmental Information
Project Number
20210524
Sector(s)
Regions
Countries
Publicly available
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