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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Brazil : € 200,000,000
    Energy : € 200,000,000
    Signature date(s)
    8/09/2016 : € 200,000,000

    Summary sheet

    Release date
    20 January 2016
    Status
    Reference
    Signed | 08/09/2016
    20150661
    Project name
    Promoter - financial intermediary
    NEOENERGIA ELECTRICITY DISTRIBUTION II
    NEOENERGIA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 1370 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the renewal and expansion of the promoter's distribution networks in the states of Bahia and Pernambuco in Brazil.

    The project will enable the promoter to improve the quality and reliability of electricity supply and connect new users.

    Environmental aspects
    Procurement

    If located in the EU, the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU requiring the competent authority to determine the need for an EIA. The vast majority of the project schemes relate to medium or low-voltage extensions and reinforcement that are expected to have minimal or no environmental impact. The impact that can typically be expected relates to visual impact, vegetation clearance, soil erosion, impact on flying vertebrates, electromagnetic fields, noise and disturbance during construction. The environmental and social requirements in Brazil for the different schemes will be reviewed and the appraisal will focus on the promoter's capacity and procedures to address social impact and environmental issues in accordance with the Bank's environmental and social standards.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Other links

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - NEOENERGIA ELECTRICITY DISTRIBUTION II
    Publication Date
    28 Jun 2016
    Document language
    Main Topic
    Lending
    Document Number
    67290838
    Document Focus
    Environmental Information
    Project Number
    20150661
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - NEOENERGIA ELECTRICITY DISTRIBUTION II
    Publication Date
    21 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    124794862
    Document Focus
    Environmental Information
    Project Number
    20150661
    Sector(s)
    Countries
    Publicly available
    Download now

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    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.

    Media enquiries

    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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