Release date: 21 December 2005
Promoter – Financial Intermediary
Elia System Operator SALocation
Description
Upgrade and reinforcement of the high-voltage electricity grid in Belgium.
Objectives
By maintaining an adequate and cost-effective supply of electricity, the project would contribute to the rational use of energy and is expected to support the economic development in Belgium and its neighbouring countries.
Comments
Electricity transmission.
Sector(s)
Proposed EIB finance (Approximate amount)
Approx. EUR 125 million.
Total cost (Approximate amount)
Approx. EUR 270 million.
Environmental aspects
Belgian legislation does not require an EIA for reinforcing the existing overhead transmission lines included in this project. Other project components do not fall under EIA directive.
Procurement
The promoter has confirmed that their procurement rules are fully in line with the EU public procurement procedures (Utilities Directive 93/38/EC pending transposition of 2004/17/EC) and include publication in the OJEU.
Status
Signed - 19/12/2005
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).