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    Reference: 20160571
    Release date: 6 October 2016

    Promoter – Financial Intermediary

    INFRANODE I HOLDING AB

    Location

    Description

    Investment platform (IP) focusing on energy, transport and social infrastructure projects in Nordic countries

    Objectives

    The platform's investments will contribute to a number of EU priority objectives in the energy, transport, and social infrastructure sectors - climate change and security of energy supply as well as protection and enhancement of the urban environment and creation of sustainable cities and communities.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    SEK 901 million

    Total cost (Approximate amount)

    SEK 4460 million

    Environmental aspects

    The individual projects associated with the IP's underlying investments are mostly expected to fall under Annex I or Annex II of Environmental Impact Assessment (EIA) Directive 2011/92/EU. Consequently, most projects will either require a full EIA or a screening decision by the national competent authority to determine whether or not an EIA is required. The legal documentation to be entered into by the Bank will require the IP to ensure that its underlying investments and any projects associated with them respect the relevant EU directives and the Bank's environmental and social standards.

    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 (Directive 2014/24/EU where applicable and/or 2014/25/EU where applicable, and/or 2014/23/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 - 16/02/2017

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    EU Countries Sweden Finland Denmark Norway Water, sewerage Solid waste Transport Urban development Energy Telecom Services