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    Reference: 20150544
    Release date: 19 July 2016

    Promoter – Financial Intermediary

    TAURON DYSTRYBUCJA

    Location

    Description

    The project involves a multiannual investment programme for the modernisation and extension of electricity networks of the promoter's distribution company, Tauron Distribution S.A., located in southern Poland.

    Objectives

    The project aims to connect new users, as well as to improve and maintain electricity supply quality and reliability, thus contributing to the security of internal energy supply.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 190 million

    Total cost (Approximate amount)

    EUR 377 million

    Environmental aspects

    The programme includes only medium voltage (MV) and low voltage (LV) schemes of minimal or no environmental impact which will not require an environmental impact assessment (EIA) according to the EIA Directive 2011/92/EU as transposed into Polish law. The impact that can be typically expected for some schemes relates to visual impact, vegetation clearance, an impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbance during construction. The appraisal will focus on the promoter's environmental capacity and work procedures.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 14/12/2016

    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

    Poland Energy