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        NORTHERN GAS NETWORKS (PHASE II)

        Signature(s)

        Amount
        € 156,769,434.15
        Countries
        Sector(s)
        United Kingdom : € 156,769,434.15
        Energy : € 156,769,434.15
        Signature date(s)
        7/04/2011 : € 67,896,344.92
        27/03/2012 : € 88,873,089.23

        Summary sheet

        Release date
        16 September 2010
        Status
        Reference
        Signed | 07/04/2011
        20100319
        Project name
        Promoter - financial intermediary
        Northern Gas Networks - Phase II

        Northern Gas Networks (NGN)

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        GBP 150 million.
        GBP 360 million.
        Location
        Sector(s)
        Description
        Objectives

        Expansion and upgrading of gas distribution network in north-east England - second phase 2011-13.

        The project will allow the promoter to continue developing the network to meet market growth as well as ensuring that sufficient capacity is available to meet peak demands.

        Environmental aspects
        Procurement

        Current information suggests that all the project components will fall under Annex II of the Environmental Impact Assessment Directive (85/337/EEC as amended in 1997 and 2003), requiring the competent authority to determine the need for an EIA in line with the Directive. The promoter's capacity and procedures to ensure compliance with environmental and biodiversity regulations will be assessed during appraisal.

        The promoter is required to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by procurement Directive 2004/17/EC, including the publication in Official Journal of EU where appropriate.

        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.

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        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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