ELENIA DISTRIBUTION NETWORK INVESTMENT PROGRAMME

Promoteur – Intermédiaire Financier

ELENIA OY

Lieu

• Finlande

Description

The project concerns a replacement programme focused on improving security of power supply for electricity networks in central Finland. The project includes the refurbishment of ageing medium and low-voltage network infrastructure and investments to weather-proof and increase storm resilience of the network, and to improve power quality.

Objectifs

Distribution network modernisation and modification to increase security of electricity supply

Secteur(s)

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

Montant BEI envisagé (montant approximatif)

EUR 150 million

Coût total (montant approximatif)

EUR 333 million

Aspects environnementaux

The project includes some facilities that fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU), which requires the competent national authority to determine the need for an EIA. The impact that can be typically expected for some schemes relate to visual impact, vegetation clearance, impact on flying vertebrates, electromagnetic fields, noise nuisance, and disturbances during construction. Medium voltage (MV) and low voltage (LV) schemes are normally expected to have minimal or no environmental impact. According to the promoter, an environmental study could be required, but for this type of investments the promoter has never conducted a full EIA study. The appraisal will focus on the promoter's environmental capacity and work procedures.

Passation des marchés

The Bank will require the promoter to ensure that contracts for the implementation of the project have been or shall be tendered in accordance with the relevant applicable EU procurement legislation (i.e. Directives 2014/23/EU, 2014/24/EU and/or 2014/25/EU, where applicable, 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 Official Journal of the EU, as and where required.

Statut

Signé - 21/12/2018