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    Signature(s)

    Amount
    € 297,918,749.71
    Countries
    Sector(s)
    United Kingdom : € 297,918,749.71
    Energy : € 297,918,749.71
    Signature date(s)
    23/02/2011 : € 29,039,377.4
    23/02/2011 : € 58,078,754.79
    9/03/2012 : € 59,248,726.15
    20/09/2010 : € 60,620,756.55
    20/09/2010 : € 90,931,134.82
    Link to source

    Summary sheet

    Release date
    10 March 2010
    Status
    Reference
    Signed | 20/09/2010
    20100002
    Project name
    Promoter - financial intermediary
    SGN Gas Distribution Network (2010-13)

    Scotia Gas Networks Ltd. (SGN) through its subsidiaries : Southern Gas Networks plc and Scotland Gas Networks plc

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    GBP 250 million.
    GBP 500 million.
    Location
    Sector(s)
    Description
    Objectives

    The project is part of SGN’s investment programme covering replacement and expansion of the gas distribution network for the period 2010-2013.

    The investment is planned to cover schemes in both of SGN’s networks—the Scotland Gas Networks business (i.e. all of Scotland) and the Southern Gas Networks business (i.e. southern England).

    Environmental aspects
    Procurement

    The project activities 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 majority of the programme will consist of the renewal of low pressure underground pipes in urban areas contributing to improved safety and the reduction of losses.

    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 publication in Official Journal of the European Union where appropriate.

    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).

    News & Stories

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    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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    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.

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    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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