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    Reference: 20150820
    Release date: 26 October 2016

    Promoter – Financial Intermediary

    Privately owned electricity distribution network operator

    Location

    Description

    Investment schemes in the electricity distribution network covering various parts of Sweden, planned for implementation in the years 2017-2019

    Objectives

    The investments focus mainly on increasing the capacity and renewing the network in one of the larger cities, continuing to weather-proof the rural network and preparing the network to receive more distributed renewable energy.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Not disclosed.

    Total cost (Approximate amount)

    Not disclosed.

    Environmental aspects

    The project includes some facilities that fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU), which requires the competent national authority to determine the need for an EIA. The impact that can typically be expected for some schemes relates to visual impact, vegetation clearance, impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbances during construction. However, medium voltage (MV) and low voltage (LV) schemes are normally expected to have minimal or no environmental impact. The appraisal will focus on the promoter's environmental management capacity and work procedures.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been or shall be tendered in accordance with the relevant applicable EU procurement legislation (i.e. Directives 2014/23/EU, 2014/24/EU and/or 2014/25/EU, where applicable, 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 - 7/02/2017

    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).

    Related tags

    Sweden Energy