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Reference: 20220912
Release date: 16 September 2024

Promoter – Financial Intermediary

DAA PLC

Location

Description

The framework loan will support the energy-efficient upgrade of the existing surface water collection network as well as of Terminals 1 and 2. It will also finance the construction of a photovoltaic farm, vehicle charging infrastructure and zero-emission vehicles.

Objectives

The aim is to allow the Promoter to operate sustainably meeting the goals of existing and future regulations on the electrification of airport operations, building efficiency and waste water quality. The project will allow the airport to maintain the level of compliance with standards on aviation safety and air transport security, improve service standards to passengers and ultimately, the operational resilience resulting from the infrastructure upgrade.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 288 million

Total cost (Approximate amount)

EUR 627 million

Environmental aspects

A number of project components of this Framework Loan might be classified under Annex II of the environmental impact assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, meaning that the Competent Authority makes the decision as to whether a formal EIA is required or not. Alignment to this and to other National and EU environmental legislation, including EU Directive on Energy Performance of Buildings, and the status of any pre-existing development consents will be reviewed and assessed during appraisal. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation, pollution prevention and control, sustainable use and protection of water and marine resources.

Procurement

The Promoter shall 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 2004/17/EC / 2014/25/EU, where applicable, as well as Directive 92/13/EEC, as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Status

Approved - 20/09/2024

Milestone
Under appraisal
Approved
20 September 2024

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

Ireland Transport