According to the EIB, the loan will finance the Peruvian side of the Peru-Ecuador power interconnector line consisting in the 500 kV Piura Nueva-Frontera transmission line (270 km) and substation. The project also includes other strategic transmission lines, such as the 138 kV Puerto Maldonado transmission line (160 km) and the 220 kV Valle del Chira substation. The aim is to strengthen the transnational Peru-Ecuador power interconnection as well as other strategic energy transmission lines in Peru. By exploiting the complementary hydrological regimes in both countries, the power interconnector at the border will help to integrate higher shares of renewable energy, and therefore reduce greenhouse gas emissions, while improving energy efficiency and supply security. The project is part of the Global Gateway Investment Agenda, given its critical role in reinforcing energy security in the region and promoting Climate Action in Peru and Ecuador.

In accordance with the national related regulations in Peru, Environmental and Social Impact Assessments (ESIA) for the project must be carried out. The compliance with the EIB's Environmental and Social Standards will be fully assessed during the appraisal and evaluation stages. The EIB will require the Special Purpose Vehicle-awarded company to ensure that the implementation of the project will be done in accordance with the EIB's Guide to Procurement.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces