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Signature(s)

Amount
€ 48,000,000
Countries
Sector(s)
Greece : € 48,000,000
Energy : € 48,000,000
Signature date(s)
1/03/2018 : € 48,000,000

Summary sheet

Release date
12 September 2017
Status
Reference
Signed | 01/03/2018
20170106
Project name
Promoter - financial intermediary
DEDA GAS DISTRIBUTION NETWORK DEVELOPMENT
GAS DISTRIBUTION COMPANY REST OF GREECE S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 48 million
EUR 125 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Development of the gas distribution networks in the regions of Central Greece, Central Macedonia, East Macedonia and Thrace.

The project will enable the shift from more expensive and polluting fuels, bringing environmental benefits and potentially lower energy costs. The project will be located in less-developed regions.

Environmental aspects
Procurement

Based on current information, the planned investments fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended 2014/52/EU), leaving it to the competent authority to decide on the need for an EIA.

The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the water, energy, transport and postal services sectors.

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

Environmental and Social Data Sheet (ESDS) - DEDA GAS DISTRIBUTION NETWORK DEVELOPMENT
Publication Date
6 Jun 2018
Document language
Main Topic
Lending
Document Number
77074775
Document Focus
Environmental Information
Project Number
20170106
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

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.

Zero tolerance against fraud and corruption

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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