IBERDROLA POWER DISTRIBUTION NETWORKS

Investment programme aiming at reinforcing and modernising Iberdrola's electricity distribution network in Spain by connecting new supply points and improving overall reliability and safety of its distribution system.

Objectives

Investment program to be carried out during 2012 and 2013 aimed at reinforcing and modernising Iberdrola´s electricity distribution network in Spain by connecting new supply points and improving overall reliability and safety of its distribution system.

Comments

Sector(s)

Energy

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

EUR 512 million

Environmental aspects

The project includes schemes that do require Environmental Impact Assessment. EIAs are being carried out in accordance with applicable legislation in line with the EU EIA Directive 92/2011/EU. The impacts that can be typically expected for these schemes relate to visual impact, vegetation clearance, impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbance during construction. Most of the project schemes relate to medium and low voltages and are therefore 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

Under appraisal - 26/02/2013.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

E-mail

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Zero-tolerance against fraud and corruption

The EIB has a zero-tolerance policy on fraud or corruption. To report allegations of fraud or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.

EIB Transparency Policy

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Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.