| Project Detail |
The Lending Envelope is dedicated to co-finance investments of regional/municipal utilities in Germany in their electricity distribution and transmission networks, co-generation facilities, their district heating networks and heat supply facilities. Objectives The proposed Lending Envelope would be implemented through sub-operations covering investments in electricity distribution and transmission networks, co-generation facilities, district heating networks and heat supply facilities. These sectors have the potential to help promoters to achieve their climate targets, improve the safety and reliability of quality of service, to continue fulfilling the standards required by the national regulators, to enable the connections of new system users, to replace obsolete hardware and software, and to improve the operational flexibility of energy systems. The sub-operations are expected to include mitigation and adaptation measures contributing to the EIBs Climate Action and Environmental Sustainability objectives; however, this has to be assessed in detail at the level of each sub-operation. The investments should normally comprise standard mature, reliable and widely used technologies in the relevant sectors. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 1500 million Total cost (Approximate amount) EUR 4500 million |
