Release date: 22 July 2011
Promoter – Financial Intermediary
Electricity Supply Board (ESB)
Location
Description
Multiannual programme for transmission and distribution assets upgrade including smart metering activities, electric vehicle charging infrastructure and connection of renewable generations to the network.
Objectives
The project supports the reinforcement and modernisation of the electricity transmission and distribution networks of Ireland. It also includes detailed design and specification activities for the anticipated deployment of smart (digital) meters in Ireland and the implementation of a national electric vehicle charging infrastructure.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 470 million
Environmental aspects
Environmental impact studies have been carried out in compliance with the relevant EU and national environmental legislation and mitigating measures will be applied as necessary. The potential environmental benefits of the electric vehicle programme will be assessed during the appraisal.
Procurement
The promoter is a contracting entity that falls under the Utilities Directive 2004/17/EC, and is therefore required to tender works, supplies and services contracts following public procurement rules, including the publication in the Official Journal of the EU as appropriate.
Status
Signed - 17/11/2011
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).