NORTHERN POWERGRID NETWORK INVESTMENT 2015-2016

Promoteur – Intermédiaire Financier

NORTHERN POWERGRID HOLDINGS CO

Lieu

• Royaume-Uni

Description

Northern Powergrid, the distribution network operator for the northeast England and Yorkshire regions, based in Newcastle Upon Tyne in England, seeks EIB financing for its network investments for the period 2015-2016

Objectifs

Distribution network upgrade, expansion and improvement.

Commentaires

Total project cost is estimated to be approximately GBP 700 million.

Secteur(s)

• Énergie

Montant BEI envisagé (montant approximatif)

GBP 300 million

Coût total (montant approximatif)

GBP 700 million

Aspects environnementaux

Most of the project will concern the implementation of medium and low-voltage schemes that are expected to have minimal environmental impact. The environmental aspects of the project will be appropriately assessed as part of the Bank’s appraisal process.

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 (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 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.

Statut

Signé - 2/12/2015