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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

    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.

    Complaints mechanism

    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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