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SKAGERRAK 4 INTERCONNECTOR (STATNETT)

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Norway : € 100,000,000
Denmark : € 100,000,000
Energy : € 200,000,000
Signature date(s)
21/12/2011 : € 100,000,000
21/12/2011 : € 100,000,000
Link to source
Data sheet
SKAGERRAK 4 INTERCONNECTOR (STATNETT)
Other links
Summary sheet
SKAGERRAK 4 Interconnector

Summary sheet

Release date
15 September 2011
Status
Reference
Signed | 21/12/2011
20110128
Project name
Promoter - financial intermediary
SKAGERRAK 4 Interconnector

STATNETT SF

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million
Up to EUR 400 million
Location
Sector(s)
Description
Objectives

Implementation of a monopolar High Voltage Direct Current link interconnecting Norway and Denmark across the Skagerrak strait including two terminal converter stations located in Kristiansand (Norway) and Tjele (Denmark), 140 km of undersea cable and 102 km of land cable.

The purpose is to increase the transmission capacity between Denmark and Norway to allow more electricity trade between the Norwegian and the European continental markets – essentially the markets in Denmark and Germany.

Environmental aspects
Procurement

The project received all the necessary environmental approvals by the competent authorities in both Norway and Denmark. No significant long-term impacts are expected to result from project construction and operation.

In line with the requirements of the EU Directive 2004/17/EC, the procurement of the project has followed negotiated procedures with prior publication of calls for qualification in the OJEU.

Link to source
Summary sheet
SKAGERRAK 4 Interconnector
Other links
Data sheet
SKAGERRAK 4 INTERCONNECTOR (STATNETT)

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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