Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20190293
    Release date: 3 October 2019

    Promoter – Financial Intermediary

    ENERGIENETZE STEIERMARK GMBH,ENERGIE STEIERMARK AG

    Location

    Description

    The project is an investment programme that comprises number of schemes in the electricity and gas distribution network of the Austrian Federal State of Styria. The project includes the rollout of smart meters and ICT activities to facilitate the transition to a smart distribution network.

    Objectives

    The programme will allow the promoter to maintain or improve the reliability and quality standards of electricity supply, connect new users including renewable generators and the roll-out of smart meters.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 190 million

    Total cost (Approximate amount)

    EUR 385 million

    Environmental aspects

    The programme schemes are expected to have limited environmental consequences. Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures will be applied as necessary.

    Procurement

    The EIB will require each promoter to ensure that contracts for the implementation of the project 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 or Directive 89/665/EEC), as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 30/09/2019

    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

    Austria Energy