ENEDIS TRANSITION AND ADAPTATION (PHASE 2)

Promoter – Financial Intermediary

ENEDIS

Location

• France

Description

The current project is a follow-up of the ENEDIS Transition and Adaptation (Phase 1) project. Phase 2 will finance investments to connect renewable energy sources and batteries as well as to increase the network resilience to the impacts of climate change.

Objectives

The aim is to support the investments needed to increase the renewable capacity and strengthen the network to make it more resilient to climate change.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 500 million

Total cost (Approximate amount)

EUR 1322 million

Environmental aspects

The programme comprises several electricity distribution schemes with voltages ranging from 0.4 kV up to 20 kV. Where and if applicable, and based on a risk-based approach as defined in the EIB Group environmental and social (E&S) policy, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal. The schemes are expected to have limited environmental impact. The environmental and social due diligence will follow the programme lending approach according to the EIB's procedures and standards. It will focus on the promoter's capacity to implement the programme in line with the EIB's E&S standards and requirements.

Procurement

The promoter has to ensure that contracts for implementation of the project are 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 EU Official Journal, as and where required.

Status

Under appraisal - 11/10/2024