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Data sheet
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Summary sheet
Release date
13 February 2019
Status
Reference
Signed | 07/02/2019
20180550
Project name
Promoter - financial intermediary
FINGRID TRANSMISSION UPGRADE
FINGRID OYJ
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 222 million
Description
Objectives
Investment in upgrading of the Finnish electricity transmission grid.
The investments are expected to increase network capacity and improve reliability of substations.
Environmental aspects
Procurement
The Program schemes are expected to have limited environmental consequences. Environmental impact studies have been carried out as applicable and mitigating and/or compensation measures will be applied as necessary.
The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/25/EU, as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Related documents
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Summary sheet
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Data sheet
Documents
Environmental and Social Impact Assessment (ESIA) - FINGRID TRANSMISSION UPGRADE - Ympäristövaikutusten - ARVIOINTISELOSTUS
Publication Date
5 Dec 2018
Document language
Main Topic
Lending
Document Number
88702380
Document Focus
Environmental Information
Document Type
Project Number
20180550
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - FINGRID TRANSMISSION UPGRADE
Publication Date
16 Apr 2019
Document language
Main Topic
Lending
Document Number
88296172
Document Focus
Environmental Information
Document Type
Project Number
20180550
Sector(s)
Regions
Countries
Publicly available
Download now
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