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Summary sheet

Release date
9 December 2025
Status
Reference
Under appraisal | 14/10/2025
20250495
Project name
Promoter - financial intermediary
KLAIPEDA HEATING NETWORK UPGRADE
AB KLAIPEDOS ENERGIJA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 36 million
EUR 72 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project will finance AB Klaipedos Energija's multi-year investment plan for the refurbishment and expansion of the district heating network, including heat generation facilities.

The aim is to enable the promoter to connect new users as well as to maintain or improve the reliability and quality standards of the district heating supply. The project is eligible under Article 309, point c) common interest (Sustainable Energy). It will contribute to the EIB’s lending priority goals on Climate Action and Environmental Sustainability, in line with the Bank's response measures to the European Commission’s REPowerEU objectives, as well as EIB’s Energy Lending Policy (ELP) and related themes on Securing the Enabling Infrastructure and Decarbonising Energy Supply. Furthermore, the project will address market failures, including increasing security of energy supply, displacing fossil fuel imports and reducing carbon and air pollution externalities. Additionally, being implemented in Cohesion Regions, the project aligns with Article 309 point (a) Projects for developing less-developed regions.

Environmental aspects
Procurement

Some of the project's components could require the competent national authority to determine the need for an Environmental Impact Assessment (EIA). However, such components will have limited residual environmental impact and none of them are expected to meet the requirements for an EIA. Nevertheless, where and if applicable and based on a risk-based approach as defined in the EIB's Environmental and Social Standards Policy, the requirements of the relevant EU Directives will be checked during appraisal. Moreover, the EIB will contractually ensure that any EIA or nature conservation area impact assessment will be completed and will receive approval from the competent authorities prior to allocating the EIB's funds to the project scheme.

The promoter is a majority publicly owned undertaking that shall ensure that all contracts to implement the project will be tendered in accordance with the applicable EU procurement legislation, 2014/25/EU as well as Directive 92/13/EEC and/ or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required. If and when applicable, procurement of main awarded contracts will be reviewed against applicable procurement requirements.

Milestone
Under appraisal
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.

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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