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Summary sheet

Release date
20 November 2024
Status
Reference
Approved | 18/02/2025
20230708
Project name
Promoter - financial intermediary
ANDORRA ELECTRICITY AND DISTRICT HEATING FL
PRINCIPALITY OF ANDORRA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
EUR 137 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The framework loan will support investments in electricity generation, transmission, distribution, district heating and cooling production and distribution in Andorra, in the period 2024-2028.

The aim is to support climate change mitigation beyond the EU borders. The project will improve the quality of electricity supply, develop district heating and enhance Andorra's electricity interconnection with Spain, while contributing to the national goal of achieving at least 33% of electricity demand supplied by national sources by 2030.

Environmental aspects
Procurement

Some of the Project schemes in Andorra would have fallen under Annex I of the EIA Directive 2011/92/EU as amended by Directive 2014/52/EU, requiring an Environmental Impact Assessment (EIA), and Annex II of the EIA Directive 2011/92/EU as amended by Directive 2014/52/EU, requiring the competent national authority to determine the need for an EIA, if they were located within the EU. Schemes that have to do with digitalisation and refurbishment of assets are expected to have limited environmental impact. The Project scheme in Spain falls under Annex I of EIA Directive 2011/92/EU as amended by Directive 2014/52/EU, requiring an EIA. The requirements and status of the permitting procedures will also be further assessed during appraisal. The appraisal will focus on the capacity and capability of the Promoter to implement the programme in line with EIB environmental and social standards and requirements.

The promoter has to ensure that implementation of the Project will be done in accordance with the EIB's Guide to Procurement.

Milestone
Under appraisal
Approved
18 February 2025
Related documents
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

Strategic Environmental Assessment (SEA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Sectorial d'Infraestructures Energètiques d'Andorra
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240863598
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Secorial d’Infraestructures Energètiques d’Andorra - Mapes Sensibilitat
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240891496
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Secorial d’Infraestructures Energètiques d’Andorra - Mapes Visibilitat
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240892744
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Secorial d’Infraestructures Energètiques d’Andorra - Tipus Caracterització
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240869481
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Strategic Environmental Assessment - Impacts and Measures
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240875797
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Secorial d’Infraestructures Energètiques d’Andorra - Emplaçaments i Alternatives
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240886368
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Secorial d’Infraestructures Energètiques d’Andorra - Infraestructures Energètiques
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240887114
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL - Estudi de Sostenibilitat Ambiental del Pla Secorial d’Infraestructures Energètiques d’Andorra - Mapes Temàtics
Publication Date
4 Feb 2025
Document language
Main Topic
Lending
Document Number
240876387
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - ANDORRA ELECTRICITY AND DISTRICT HEATING FL
Publication Date
25 Feb 2025
Document language
Main Topic
Lending
Document Number
225857169
Document Focus
Environmental Information
Project Number
20230708
Sector(s)
Countries
Publicly available
Download now
Link to source

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.

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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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