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    Signature(s)

    Amount
    € 235,000,000
    Countries
    Sector(s)
    Ireland : € 235,000,000
    Energy : € 235,000,000
    Signature date(s)
    17/11/2011 : € 235,000,000
    Link to source

    Summary sheet

    Release date
    22 July 2011
    Status
    Reference
    Signed | 17/11/2011
    20110213
    Project name
    Promoter - financial intermediary
    ESB Electricity Grid Upgrade

    Electricity Supply Board (ESB)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 470 million
    Location
    Sector(s)
    Description
    Objectives

    Multiannual programme for transmission and distribution assets upgrade including smart metering activities, electric vehicle charging infrastructure and connection of renewable generations to the network.

    The project supports the reinforcement and modernisation of the electricity transmission and distribution networks of Ireland. It also includes detailed design and specification activities for the anticipated deployment of smart (digital) meters in Ireland and the implementation of a national electric vehicle charging infrastructure.

    Environmental aspects
    Procurement

    Environmental impact studies have been carried out in compliance with the relevant EU and national environmental legislation and mitigating measures will be applied as necessary. The potential environmental benefits of the electric vehicle programme will be assessed during the appraisal.

    The promoter is a contracting entity that falls under the Utilities Directive 2004/17/EC, and is therefore required to tender works, supplies and services contracts following public procurement rules, including the publication in the Official Journal of the EU as 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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