GAS NETWORKS IRELAND

Promoter – Financial Intermediary

GAS NETWORKS IRELAND

Location

• Ireland

Description

The project is part of the promoter's investment plan in gas transmission and distribution networks. It consists of expansion, reinforcement, refurbishment and replacement works, new service connections, installation of new IT systems and acquisition of equipment.

Objectives

The project will help to improve the security, safety and reliability of gas supply.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 454 million

Environmental aspects

The permitting of the project components are expected to be at various stages and will be further investigated during appraisal to ensure compliance with the Bank's environmental and social standards.

Procurement

The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the energy sector.

Status

Signed - 7/12/2018