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Andorra Project Notice - ANDORRA ELECTRICITY AND DISTRICT HEATING FL


Project Notice

PNR 66021
Project Name ANDORRA ELECTRICITY AND DISTRICT HEATING FL
Project Detail The framework loan will support investments in electricity generation, transmission, distribution, district heating and cooling production and distribution in Andorra, in the period 2024-2028. Objectives The aim is to support climate change mitigation beyond the EU borders. The project will improve the quality of electricity supply, develop district heating and enhance Andorras electricity interconnection with Spain, while contributing to the national goal of achieving at least 33% of electricity demand supplied by national sources by 2030. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 60 million Total cost (Approximate amount) EUR 137 million
Funded By European Union (EU)
Sector Energy & Power
Country Andorra , Southern Europe
Project Value EUR 13,700,000

Contact Information

Company Name PRINCIPALITY OF ANDORRA
Web Site https://www.eib.org/en/projects/pipelines/all/20230708

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