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Summary sheet

Release date
4 August 2025
Status
Reference
Under appraisal | 10/03/2025
20240532
Project name
Promoter - financial intermediary
EAM ELECTRICITY NETWORK INVESTMENTS
EAM GMBH & CO KG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 425 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The promoter, EAM GmbH & Co. KG, is a public undertaking operating in electricity distribution sector. The project will finance the promoter's investments in the electricity distribution network. These include substations, overhead lines, underground cables and automation fostering connection of renewable generation and e-mobility.

Stretched over a four-year period, as a part of the promoter's investment plan, the investments will help to reduce energy losses and improve system reliability.

Environmental aspects
Procurement

The project includes components that may fall under Annex II of the environmental impact assessment (EIA) Directive 2011/92/EU (as amended by Directive 2014/52/EU), which requires the competent national authority to determine the need for an EIA. Some of the typically expected impacts relate to visual impact, vegetation clearance, collision and electrocution of flying vertebrates, electromagnetic fields, noise nuisance, and disturbances during construction. Project appraisal will focus on impacts of the investment programme and the related mitigants, as well as on the promoter's capacity to implement the programme in line with EIB environmental and social standards. Where relevant, requirements related to screening and appropriate assessment in accordance with the EU Habitats and Birds Directives will be taken into consideration.

The Bank will require the promoter to ensure that contracts for implementation of the project have been or will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/23/EU / 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/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. No information available for selected suppliers/contractors for the implementation of the envisaged operation.

Milestone
Under appraisal
Link to source

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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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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