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NATIONAL GRID TRANSMISSION III

Signature(s)

Amount
€ 293,190,647.22
Countries
Sector(s)
United Kingdom : € 293,190,647.22
Energy : € 293,190,647.22
Signature date(s)
20/12/2005 : € 293,190,647.22
Link to source
Data sheet
NATIONAL GRID TRANSMISSION III
Other links
Summary sheet
National Grid Transmission III

Summary sheet

Release date
21 October 2005
Status
Reference
Signed | 20/12/2005
20050427
Project name
Promoter - financial intermediary
National Grid Transmission III

National Grid Electricity Transmission Plc
Warwick Technology Park
Gallows Hill, Warwick CV34 6DA
UK

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to GBP 200 million.
Estimated to be about GBP 1,400 million over a two-year period.
Location
Sector(s)
Description
Objectives

An investment programme aimed at renewing, reinforcing and expanding the England & Wales electricity transmission system.

The schemes would enhance reliability and safety of electricity supply, facilitate the connection of new electricity generation and reinforce grid to meet increasing electricity demand.

Environmental aspects
Procurement

The Project primarily comes under Annex II of the EU Environmental Directive, which has been transposed directly into national law. Some of the Project schemes may be classified under Annex I and as such will require a formal EIA. NGET has a policy of taking a responsible approach in dealing with the environment and its UK sites and operations are certified to ISO14001.

Overall, the environmental impact of the project is expected to be limited and acceptable.

Contracts for the implementation of the project have been or shall be tendered in accordance with the applicable EU procurement legislation, with parallel publication of tender notices in the Official Journal of the EU, as and when appropriate.

Link to source
Summary sheet
National Grid Transmission III
Other links
Data sheet
NATIONAL GRID TRANSMISSION III

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).

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.

Media enquiries

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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