The European Investment Bank has agreed to provide a Eur450 million loan to TenneT Holding to finance construction and operation of an 83km 380kV transmission connection between the Hague and Rotterdam. This will close the ‘Randstad 380’ extra-high voltage electricity transmission ring. The project will connect offshore wind farms and the UK interconnector to the … Read more
The European Investment Bank (EIB) is providing a loan of Eur150 million to MOL (Hungarian Oil and Gas Company) to co-finance the construction of 205 km long natural gas transmission pipeline between Varosfold and the Croatian-Hungarian border. The project will create a bi-directional gas transmission between Hungary and Croatia. It covers also the construction of … Read more
The European Investment Bank has announced a Eur500 million loan to Medgaz for the construction of a gas pipeline between Algeria and Spain. The financed project consists of transporting gas energy from Algeria to Spain over a length of 210 km. It comprises the construction and operation of a sub-sea gas transmission pipeline between Beni … Read more
The European Investment Bank has agreed to lend £250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks. The two companies, wholly owned by Scotia Gas Networks (SGN), will receive £150 million and £100 million respectively. SGN is the UK’s second largest gas … Read more