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    Signature(s)

    Amount
    € 174,597,612.52
    Countries
    Sector(s)
    Poland : € 174,597,612.52
    Energy : € 174,597,612.52
    Signature date(s)
    13/12/2018 : € 81,537,565.52
    11/12/2018 : € 93,060,047

    Summary sheet

    Release date
    10 March 2020
    Status
    Reference
    Signed | 11/12/2018
    20180204
    Project name
    Promoter - financial intermediary
    TAURON HYBRID BOND NETWORK CAPEX 2018-2022
    TAURON POLSKA ENERGIA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    PLN 750 million (EUR 174 million)
    PLN 1712 million (EUR 398 million)
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The programme concerns investment schemes in the electricity distribution network in South and South-Western Poland over the period 2018-2022. The programme includes network reinforcements and refurbishments in high and medium-voltage networks and the connection of new customers in medium and low-voltage networks. The programme also includes components for the digitalisation and automation of the network.

    The program will allow the promoter to connect new users including renewable generation and charging stations for electric vehicles as well as to maintain or improve the reliability and quality standards of electricity supply.

    Environmental aspects
    Procurement

    Some of the program schemes may fall under Annex II of Directive 2014/52/EU amending the EIA Directive 2011/92/EU, thus requiring a review by the competent authorities at the planning/consent stage with due regard to the necessity for environmental and biodiversity assessments. The promoter's capacity and procedures to ensure compliance with environmental and biodiversity regulations will be reviewed during appraisal as well as the possibility of impacts on sites of nature conservation.

    The Bank will require the promoter to ensure that contracts for the implementation of the schemes have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/25/EU where applicable, as well as Directive 92/13/EEC and Directive 89/665/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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - TAURON HYBRID BOND NETWORK CAPEX 2018-2022
    Publication Date
    18 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    84110009
    Document Focus
    Environmental Information
    Project Number
    20180204
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - TAURON HYBRID BOND NETWORK CAPEX 2018-2022
    Publication Date
    21 Sep 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    85769896
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180204
    Last update
    21 Sep 2018
    Sector(s)
    Energy
    Countries
    Poland
    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.

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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.

    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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