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Signature(s)

Amount
€ 160,000,000
Countries
Sector(s)
The Netherlands : € 160,000,000
Energy : € 160,000,000
Signature date(s)
19/10/2005 : € 160,000,000
Link to source

Summary sheet

Release date
1 June 2005
Status
Reference
Signed | 19/10/2005
20040506
Project name
Promoter - financial intermediary
Tennet High Voltage Network Expansion

Tennet Transmission System Operator BV
Arnhem,
The Netherlands

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million.
Promoter’s estimates vary from EUR 220 million to EUR 415 million subject to final project layout.
Location
Sector(s)
Description
Objectives

Tennet will be gradually implementing from 2005 to 2012 a new 380 kV link to close a loop in the transmission grid in the western conurbation of the Netherlands.

The project constitutes a capacity investment to suppress HV transmission system bottlenecks and meeting growing demand for transmission, and to maintain a high level of quality and security of supply.

Environmental aspects
Procurement

The project falls under Annex I of Directive 97/11/EC and thus shall require an EIA. The environmental permitting and consultation process, as well as the procedures to obtain rights-of-way and building permits and the studies that are performed for that purpose shall be verified during appraisal to ensure that the environmental impact assessment procedures are acceptable to the Bank. Confirmation will be required from the competent authority regarding the impact of the project on any sites of nature conservation.

The promoter will ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18 or 2004/17/EEC) with parallel publication of tender notices in the EU Official Journal, as and where appropriate.

Comments

Electricity transmission.

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).

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