INFRANODE

Investment platform (IP) focusing on energy, transport and social infrastructure projects in Nordic countries

The platform's investments will contribute to a number of EU priority objectives in the energy, transport, and social infrastructure sectors - climate change and security of energy supply as well as protection and enhancement of the urban environment and creation of sustainable cities and communities.

The individual projects associated with the IP's underlying investments are mostly expected to fall under Annex I or Annex II of Environmental Impact Assessment (EIA) Directive 2011/92/EU. Consequently, most projects will either require a full EIA or a screening decision by the national competent authority to determine whether or not an EIA is required. The legal documentation to be entered into by the Bank will require the IP to ensure that its underlying investments and any projects associated with them respect the relevant EU directives and the Bank's environmental and social standards.

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 (Directive 2014/24/EU where applicable and/or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.