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Reference: 20130558
Release date: 10 February 2014

Promoter – Financial Intermediary

EP ENERGY AS

Location

Description

Modernisation and extension of electricity distribution network in Slovakia for 2014-2018

Objectives

Competitive and Secure Energy (incl. TEN-E) 100% Economic and Social Cohesion (transversal) 100%

Comments

Sector(s)

  • Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 125 million

Total cost (Approximate amount)

EUR 253 million

Environmental aspects

The project includes facilities that fall under Annex II of the EIA Directive (2011/92/EU). The impacts that can be typically expected for some schemes relate to visual impact, vegetation clearance, an impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbance during construction. Medium Voltage (MV) and Low Voltage (LV) schemes are expected to have minimal or null environmental impacts.

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 (OJEU) where appropriate.

Status

Signed - 23/12/2014

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).

Related tags

Slovakia Energy