Release date: 30 October 2012
Promoter – Financial Intermediary
RTE RESEAU DE TRANSPORT D'ELECTRICITELocation
Description
Multi-component investment programme covering the period 2012-2016 aimed at reinforcing the French electricity transmission system.
Objectives
Multi-component investment programme covering the period 2012-2016 aimed at reinforcing the French electricity transmission system.
Overall the sub-projects include the erection of approx. 450 km of overhead lines, the installation of approx. 200 km of underground power cables and the related substation facilities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
EUR 1219 million
Environmental aspects
By their technical characteristics some projects of the programme fall under Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive. The impacts that can be typically expected for these projects relate to visual impact, vegetation clearance, electromagnetic fields noise nuisance, and birds’ collision and mortality. Environmental impact studies have been carried out as applicable and mitigating and/or compensation measures will be applied as necessary.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the programme have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 20/03/2013
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).