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    Signature(s)

    Amount
    € 90,497,737.56
    Countries
    Sector(s)
    Sweden : € 90,497,737.56
    Energy : € 90,497,737.56
    Signature date(s)
    22/12/2022 : € 90,497,737.56

    Summary sheet

    Release date
    29 June 2022
    Status
    Reference
    Signed | 22/12/2022
    20210524
    Project name
    Promoter - financial intermediary
    ELLEVIO DISTRIBUTION NETWORK INVESTMENTS II
    ELLEVIO AB
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    SEK 1000 million (EUR 92 million)
    SEK 2141 million (EUR 197 million)
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The operation is a multi-scheme investment project for electricity distribution grid infrastructure in the Greater Stockholm area in Sweden, covering the period 2021-2026.

    Electricity distribution stations, most notably the Värtan station, are approaching the end of their technical lifetime, and there is a need to increase existing capacity to meet an expected increase in electricity consumption and to ensure a stable supply of electricity in Stockholm over the coming years.

    Environmental aspects
    Procurement

    The programme concerns electricity distribution schemes (underground cables, new substations and works in existing substations), some of which may fall under Annex I of the Directive 2014/52/EU, amending the EIA Directive 2011/92/EU, and will have to undergo an obligatory environmental impact assessment (EIA), while some schemes may fall under Annex II which requires the competent national authority to determine the need for an EIA. According to the Promoter, EIAs have already been carried out for two project schemes. The main impacts that can be typically expected for projects of this nature relate to visual impact and disturbance during construction.

    The Promoter is a public entity, subject to the Utilities Directive.

    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) - ELLEVIO DISTRIBUTION NETWORK INVESTMENTS II
    Publication Date
    21 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    154260279
    Document Focus
    Environmental Information
    Project Number
    20210524
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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