Release date: 19 August 2013
Promoter – Financial Intermediary
EESTI ENERGIA ASLocation
Description
Investment programme aiming at reinforcing and modernising the electricity distribution network in Estonia by connecting new supply points, improving overall reliability and safety, as well as introducing smart meter infrastructure.
Objectives
The project will promote the modernisation and the development of the electricity distribution infrastructures in Estonia. The project will enable Eesti Energia to maintain the network’s ability to supply the existing demand, to connect new system users, to improve the quality and the reliability of supply, and to reduce network losses.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 300 million
Environmental aspects
The investment programme includes schemes which fall under Annex II of the EIA Directive 2011/92/EU, requiring the competent national authority to determine the need for an EIA. The vast majority of the schemes are expected to be reinforcements of medium and low voltage equipment and facilities with limited environmental impact.
Procurement
The Promoter is a public undertaking and is required to follow the procurement procedures set out in the public procurement Directive 2004/17/EC and the national regulations. It regularly publishes procurement notices in the OJEU. The Promoter’s approach to the procurement of works, goods and services will be evaluated during the appraisal.
Status
Signed - 28/10/2013