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Summary sheet

Release date
21 May 2024
Status
Reference
Approved | 30/04/2025
20230866
Project name
Promoter - financial intermediary
ONEE - TRANSMISSION ENERGIE RENOUVELABLE
OFFICE NATIONAL DE L'ELECTRICITE ET DE L'EAU POTABLE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 170 million
EUR 355 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project consists of a multi component investment programme covering the period 2024-2029, that includes several electricity transmission schemes, from 60 kV to 400 kV, geographically dispersed throughout the country.

The aim is to reinforce and extend the country's electricity infrastructure (transmission lines and substations) by reducing losses, enhancing reliability and meeting new electricity demand. Additionally, the programme includes the integration of new renewable electricity generation capacity that will ensure a more sustainable and efficient power system.

Environmental aspects
Procurement

The envisaged sub-projects (new transmission lines and substations from 60 kV to 400 kV) are expected to require a full Environmental and Social Impact Assessment (ESIA) study in accordance with national law. The exact requirements and status of the permitting procedures will also be further assessed during the appraisal. The promoter shall comply with EIB's Environmental and Social standards.

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

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Under appraisal
Approved
30 April 2025
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).

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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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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