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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    France : € 30,000,000
    Solid waste : € 30,000,000
    Signature date(s)
    27/03/2018 : € 30,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    20 March 2017
    Status
    Reference
    Signed | 27/03/2018
    20160946
    Project name
    Promoter - financial intermediary
    CHO TIPER
    CHO POWER
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 65 million
    Location
    Sector(s)
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project covers the development, installation, operation and maintenance of a 10MW biomass and waste gasification plant in Thouars, France. The facility will turn waste and biomass into electricity and heat thanks to a gasification process using plasma torch technology developed by CHO Power.

    The project will contribute to environmental protection. It will also contribute to achieving EU and French renewable energy objectives, especially those relating to the Loi de Transition Energétique pour la Croissance Verte (Energy Transition for Green Growth Act) targeting the phasing-out of landfill and the use of non-recyclable waste for energy recovery. The proposed operation is therefore eligible for EIB financing under the EU Treaty Article 309 c) common interest (Protection of environment and energy/renewable energy).

    Environmental aspects
    Procurement

    Due to its technical characteristics the project is subject to a mandatory environmental impact assessment (EIA). An EIA including public consultation was issued on 16 August 2016 by the relevant authorities. The project will contribute to environmental protection. The plan's current basic design suggests that proven air pollutant abatement technologies will be implemented. This comes along with a high energy conversion efficiency compared to thermal process. It contributes to climate change objectives by reducing direct greenhouse gas emissions from biowaste and by substituting the use of natural gas of fossil origin.

    The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - CHO TIPER (FDP)
    Publication Date
    21 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    73839735
    Document Focus
    Environmental Information
    Project Number
    20160946
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - CHO TIPER (FDP)
    Publication Date
    21 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    77101470
    Document Focus
    Environmental Information
    Project Number
    20160946
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - CHO TIPER (FDP) - Etude d'Impact
    Publication Date
    20 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    77241112
    Document Focus
    Environmental Information
    Project Number
    20160946
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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