Release date: 16 February 2024
Promoter – Financial Intermediary
ELEKTRO CELJE PODJETJE ZA DISTRIBUCIJO ELEKTRICNE ENERGIJE DDLocation
Description
The project will support Electro Celje's investment programme in its regional electricity distribution network over the period 2024-2026. This includes network reinforcements and refurbishments in high, medium and low voltage, targeting at maintaining the quality of supply, integration of renewable energy generation, catering for peak demand growth, as well as climate-proofing part of the network.
Objectives
The aim is to enable the promoter to maintain high quality of services and low losses across its electricity distribution network, connect new end-users and renewable energy generators as well as climate-proof part of the network. The programme supports the 2030 targets set in the country's National and Energy Climate Plan (with regards to the integration of RES), as well as EU policies on energy and climate, by enhancing critical infrastructure for decarbonisation. The project is also expected to contribute to the EU's REPowerEU objectives.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 58 million
Total cost (Approximate amount)
EUR 140 million
Environmental aspects
Some programme schemes may fall under Annex II of Directive 2014/52/EU, amending the Environmental Impact Assessment (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 impact assessments.
Procurement
The Bank will require the Promoters to ensure that contracts for implementation of the Project have been and shall be tendered in accordance with the applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 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
Approved - 29/10/2024
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).