Fiche récapitulative
The loan supports the promoter’s investment programme in electricity distribution in Greece, covering the period 2026-2029. In particular, it concerns investments in medium voltage and low voltage networks, including network reinforcement, refurbishment, resilience enhancement, new user connections, and smart meters.
The aim is to enable the connection of new system users, improve the reliability and quality of electricity supply, enhance the resilience of the network, and facilitate the realisation of the Greek National Energy and Climate Plan goals.
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 environmental and social (E&S) 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 project in line with the EIB environmental and social standards and requirements.
The promoter shall 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. The selected suppliers/contractors for the implementation of the project are not available.