Release date: 4 July 2008
Promoter – Financial Intermediary
REN Rede Eléctrica Nacional S.A.
Location
Description
Investment loan
Objectives
To support the beneficiary’s investment programme which aims at reinforcing and extending the electricity transmission network throughout Portugal.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Compliance with EU environmental directives and national legislation will be ensured.
Procurement
EIB will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation, including publication of tender notices in the Official Journal of the EU as and where appropriate.
Status
Signed - 28/11/2008
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).