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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Brazil : € 200,000,000
Energy : € 200,000,000
Signature date(s)
8/09/2016 : € 200,000,000
Link to source

Summary sheet

Release date
20 January 2016
Status
Reference
Signed | 08/09/2016
20150661
Project name
Promoter - financial intermediary
NEOENERGIA ELECTRICITY DISTRIBUTION II
NEOENERGIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 1370 million
Location
Sector(s)
Description
Objectives

The project consists of the renewal and expansion of the promoter's distribution networks in the states of Bahia and Pernambuco in Brazil.

The project will enable the promoter to improve the quality and reliability of electricity supply and connect new users.

Environmental aspects
Procurement

If located in the EU, the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU requiring the competent authority to determine the need for an EIA. The vast majority of the project schemes relate to medium or low-voltage extensions and reinforcement that are expected to have minimal or no environmental impact. The impact that can typically be expected relates to visual impact, vegetation clearance, soil erosion, impact on flying vertebrates, electromagnetic fields, noise and disturbance during construction. The environmental and social requirements in Brazil for the different schemes will be reviewed and the appraisal will focus on the promoter's capacity and procedures to address social impact and environmental issues in accordance with the Bank's environmental and social standards.

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Link to source

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) - NEOENERGIA ELECTRICITY DISTRIBUTION II
Publication Date
28 Jun 2016
Document language
Main Topic
Lending
Document Number
67290838
Document Focus
Environmental Information
Project Number
20150661
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - NEOENERGIA ELECTRICITY DISTRIBUTION II
Publication Date
21 Jan 2020
Document language
Main Topic
Lending
Document Number
124794862
Document Focus
Environmental Information
Project Number
20150661
Sector(s)
Countries
Publicly available
Download now

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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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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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