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        CALVIN SMARTMETER ROLL-OUT

        Signature(s)

        Amount
        € 51,891,143.92
        Countries
        Sector(s)
        United Kingdom : € 51,891,143.92
        Energy : € 51,891,143.92
        Signature date(s)
        8/06/2016 : € 51,891,143.92
        Other links
        Related public register
        15/07/2016 - Environmental and Social Data Sheet (ESDS) - CALVIN SMARTMETER ROLL-OUT

        Summary sheet

        Release date
        19 May 2016
        Status
        Reference
        Signed | 08/06/2016
        20160114
        Project name
        Promoter - financial intermediary
        CALVIN SMARTMETER PROGRAMME
        ACCEPTABLE CORPORATE(S)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        GBP 40 million (EUR 53 million)
        GBP 1665 million (EUR 2174 million)
        Location
        Sector(s)
        • Energy - Electricity, gas, steam and air conditioning supply
        Description
        Objectives

        Framework facility to support the roll-out of portfolios of smart gas and electricity meters for a number of energy suppliers in Great Britain.

        The installation of smart meters and the development of remote control capabilities will allow remote readings, near real-time consumption information and better management of the network. The project aims at improving efficiency of the gas and electricity distribution systems as well as customer information and awareness.

        Environmental aspects
        Procurement

        The project comprises the installation of smart meters. Based on technical characteristics of the project it is unlikely that environmental impact assessment (EIA) will be required. The main potential impact on the environment is from the disposal of the old meters.

        The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

        Comments

        The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

        Related documents
        15/07/2016 - Environmental and Social Data Sheet (ESDS) - CALVIN SMARTMETER ROLL-OUT
        Other links

        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) - CALVIN SMARTMETER ROLL-OUT
        Publication Date
        15 Jul 2016
        Document language
        English
        Main Topic
        Lending
        Document Number
        67713848
        Document Focus
        Environmental Information
        Document Type
        Environmental and Social Data Sheet (ESDS)
        Project Number
        20160114
        Sector(s)
        Energy
        Regions
        United Kingdom
        Countries
        United Kingdom
        Publicly available
        Download now
        or Link to source
        Link to source
        Related public register
        15/07/2016 - Environmental and Social Data Sheet (ESDS) - CALVIN SMARTMETER ROLL-OUT
        Other links
        Summary sheet
        CALVIN SMARTMETER PROGRAMME
        Data sheet
        CALVIN SMARTMETER ROLL-OUT

        Videos

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        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.
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