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    Reference: 20180204
    Release date: 10 March 2020

    Promoter – Financial Intermediary

    TAURON POLSKA ENERGIA SA

    Location

    Description

    The programme concerns investment schemes in the electricity distribution network in South and South-Western Poland over the period 2018-2022. The programme includes network reinforcements and refurbishments in high and medium-voltage networks and the connection of new customers in medium and low-voltage networks. The programme also includes components for the digitalisation and automation of the network.

    Objectives

    The program will allow the promoter to connect new users including renewable generation and charging stations for electric vehicles as well as to maintain or improve the reliability and quality standards of electricity supply.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    PLN 750 million (EUR 174 million)

    Total cost (Approximate amount)

    PLN 1712 million (EUR 398 million)

    Environmental aspects

    Some of the program schemes may fall under Annex II of Directive 2014/52/EU amending the EIA Directive 2011/92/EU, thus requiring a review by the competent authorities at the planning/consent stage with due regard to the necessity for environmental and biodiversity assessments. The promoter's capacity and procedures to ensure compliance with environmental and biodiversity regulations will be reviewed during appraisal as well as the possibility of impacts on sites of nature conservation.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the schemes have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/25/EU where applicable, as well as Directive 92/13/EEC and Directive 89/665/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 - 11/12/2018

    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