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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Portugal : € 200,000,000
    Energy : € 200,000,000
    Signature date(s)
    18/12/2009 : € 29,000,000
    23/10/2009 : € 40,000,000
    27/11/2009 : € 40,000,000
    4/12/2009 : € 40,000,000
    10/12/2009 : € 51,000,000

    Summary sheet

    Release date
    22 April 2008
    Status
    Reference
    Signed | 23/10/2009
    20020335
    Project name
    Promoter - financial intermediary
    Tejo Energia CCGT
    International Power PLC
    Endesa SA

     

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million, indicatively.
    Under appraisal.
    Location
    Sector(s)
    Description
    Objectives

    Construction and operation of a natural gas-fired combined cycle turbine generating plant with a total capacity of around 2 x 418 MW (net).

    The project will contribute to enhance security of electricity supply and will allow for better power generation efficiency with less greenhouse gas (GHG) emissions per unit of electricity produced.

    Environmental aspects
    Procurement

    Compliance with EU environmental directives and national laws will be ensured.

    The promoter is required to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, including the publication in the Official Journal of EU where appropriate.

    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).

    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.

    Media enquiries

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

    Complaints mechanism

    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.

    Zero tolerance against fraud and corruption

    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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