REN ELECTRICITY SYSTEM UPGRADE III

Promoteur – Intermédiaire Financier

REN - REDE ELECTRICA NACIONAL SA

Lieu

• Portugal

Description

Investments under the promoter's 2014-2018 investment plan, aiming at the extension and reinforcement of the electricity transmission network throughout Portugal.

Objectifs

The programme is expected to enable the integration into the grid of new renewable generation resources, support the efficient operation of the electricity market in the Iberian Peninsula and contribute to improving the reliability of supply.

Commentaires

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 170 million

Coût total (montant approximatif)

EUR 350 million

Aspects environnementaux

By their technical characteristics, some programme schemes fall under Annex I or Annex II of the Environmental Impact Assessment Directive. The impacts that can be typically expected for these sub-projects relate to visual impact, vegetation clearance, electromagnetic fields, noise nuisance, impact on flying vertebrates and disturbance during construction. Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures will be applied as necessary.

Passation des marchés

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where appropriate.

Statut

Signé - 25/11/2015