Release date: 17 September 2013
Promoter – Financial Intermediary
ELIA SYSTEM OPERATOR SALocation
Description
Upgrade and reinforcement of the high-voltage electricity transmission grid in Belgium. Investment programme 2013-2018.
Objectives
The project is part of a national Grid Development plan that is subject to a Strategic Environmental Assessment in line with the requirements of the SEA Directive.
Comments
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 433 million
Environmental aspects
By their technical characteristics some project components fall under Annex I or Annex II of the EIA Directive. The impacts that can be typically expected for these components relate to visual impact, vegetation clearance, birds strikes and mortality, electromagnetic fields, noise nuisance, disturbance during construction and impact on seabed fauna and flora. Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures applied as necessary.
Procurement
The Bank 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 (Dir 2004/17/EEC and Dir. 2007/66/EC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 16/05/2017
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).