TAURON ELECTRICITY DISTRIBUTION II

Promoter – Financial Intermediary

TAURON DYSTRYBUCJA

Location

• Poland

Description

The project involves a multiannual investment programme for the modernisation and extension of electricity networks of the promoter's distribution company, Tauron Distribution S.A., located in southern Poland.

Objectives

The project aims to connect new users, as well as to improve and maintain electricity supply quality and reliability, thus contributing to the security of internal energy supply.

Sector(s)

• Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 190 million

Total cost (Approximate amount)

EUR 377 million

Environmental aspects

The programme includes only medium voltage (MV) and low voltage (LV) schemes of minimal or no environmental impact which will not require an environmental impact assessment (EIA) according to the EIA Directive 2011/92/EU as transposed into Polish law. The impact that can be typically expected for some schemes relates to visual impact, vegetation clearance, an impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbance during construction. The appraisal will focus on the promoter's environmental capacity and work procedures.

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 (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Status

Signed - 14/12/2016