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    Reference: 20160213
    Release date: 3 February 2017

    Promoter – Financial Intermediary

    MIEJSKIE PRZEDSIEBIORSTWO ENERGETYKI CIEPLNEJ SA W KRAKOWIE

    Location

    Description

    Investments aimed at energy efficiency, modernisation and extension of the Krakow District heating system

    Objectives

    The project will increase the energy efficiency of the district heating network, reduce the intensity of CO2 emissions for heat supply and contribute to the security of supply of heat; consequently supporting national and European targets in those areas. The city of Krakow with its entire region is classified as a convergence region. The project aims to secure the service life of a high quality district heating system for the next 20 years and to increase the overall energy efficiency of the system by densifying and extending the grid through new connections and new equipment and substations. If renovated and well maintained, the district heating system will keep the ability to efficiently distribute heat from a coal cogeneration plant.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    PLN 200 million (EUR 46 million)

    Total cost (Approximate amount)

    PLN 506 million (EUR 117 million)

    Environmental aspects

    Due to its technical characteristics, the project falls under Annex II of the Environmental Impact Assessment (EIA) Directive, leaving it to the national competent authority to determine whether an environmental impact assessment is required according to criteria defined in Annex III of the directive. Given the project location in urban areas, the nature and the small scale of the investments, EIAs are unlikely to be required and the project is not expected to have any significant impact on sites of nature conservation.

    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 (Utilities Directive 2014/25/EU) with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 13/12/2017

    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

    Poland Energy