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    Signature(s)

    Amount
    € 170,000,000
    Countries
    Sector(s)
    Portugal : € 170,000,000
    Energy : € 170,000,000
    Signature date(s)
    20/12/2019 : € 20,000,000
    20/12/2019 : € 70,000,000
    25/11/2015 : € 80,000,000
    Link to source

    Summary sheet

    Release date
    15 September 2014
    Status
    Reference
    Signed | 25/11/2015
    20130090
    Project name
    Promoter - financial intermediary
    REN ELECTRICITY SYSTEM UPGRADE III
    REN - REDE ELECTRICA NACIONAL SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 170 million
    EUR 350 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Investments under the promoter's 2014-2018 investment plan, aiming at the extension and reinforcement of the electricity transmission network throughout Portugal.

    The programme is expected to enable the integration into the grid of new renewable generation resources, support the efficient operation of the electricity market in the Iberian Peninsula and contribute to improving the reliability of supply.

    Environmental aspects
    Procurement

    By their technical characteristics, some programme schemes fall under Annex I or Annex II of the Environmental Impact Assessment Directive. The impacts that can be typically expected for these sub-projects relate to visual impact, vegetation clearance, electromagnetic fields, noise nuisance, impact on flying vertebrates and disturbance during construction. Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures will be applied as necessary.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and 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).

    Documents

    Non-Technical Summary (NTS) - REN ELECTRICITY SYSTEM UPGRADE III - Linha Penela-Seia 400 kV
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    55581896
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - REN ELECTRICITY SYSTEM UPGRADE III - Linha Batalha- Paraímo, abertura para Penela 400 kV
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    55581897
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - REN ELECTRICITY SYSTEM UPGRADE III - Linha Pedralva – Vila Fria B 400 kV
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    55587597
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - REN ELECTRICITY SYSTEM UPGRADE III - Linha Vieira do Minho – Pedralva 2 400 kV
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    55590593
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - REN ELECTRICITY SYSTEM UPGRADE III
    Publication Date
    11 Dec 2014
    Document language
    Main Topic
    Lending
    Document Number
    56481638
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - REN ELECTRICITY SYSTEM UPGRADE III - Linha Pedralva-"Vila Fria B", A 400KV
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    62996468
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - REN ELECTRICITY SYSTEM UPGRADE III - Linha Vieira do Minho - Pedralva 2
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    62997588
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - REN ELECTRICITY SYSTEM UPGRADE III
    Publication Date
    17 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    95716530
    Document Focus
    Environmental Information
    Project Number
    20130090
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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