According to the EIB, the project concerns the modernisation and expansion of the electricity distribution network in Spain over the period 2024-2026. The project is expected to support the efficient operation of the electricity distribution network in Spain, contribute to the integration of Renewable Energy Sources (RES), and cater for the connection of new customers.
The programme comprises several electricity distribution schemes with voltages ranging from 0.4 kV up to 132 kV.

The Project concerns standard electricity network investments in a regulated natural monopoly. The EIB intervention is justified by the presence of certain market failures that may result in sub-optimal investment. The Project will enable the Promoter to meet the increase in demand and the requests for new connections while maintaining or improving the reliability and quality of the distribution network. Investments contribute to maintaining security of supply, a public good. They also contribute to the integration of renewable generation, which results in lower carbon and air pollution externalities.
The Project also supports the planned electrification of the heating and mobility sectors set out in the Spanish National Energy and Climate Plan.
The Project is partly located in EIB cohesion priority regions.

As stated by Bloomberg, I-De Redes Electricas Inteligentes SA distributes electricity. The Company offers planning, developing, and operating electricity network. I-De Redes Electricas Inteligentes serves customers in Spain.

No project contacts provided at the time of disclosure.

Client - I-DE Redes Electricas Inteligentes SA:

Website: https://www.i-de.es/

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

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