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    Signature(s)

    Amount
    € 110,000,000
    Countries
    Sector(s)
    Austria : € 110,000,000
    Solid waste : € 55,000,000
    Energy : € 55,000,000
    Signature date(s)
    11/02/2009 : € 55,000,000
    11/02/2009 : € 55,000,000

    Summary sheet

    Release date
    17 April 2008
    Status
    Reference
    Signed | 11/02/2009
    20070007
    Project name
    Promoter - financial intermediary
    Sicherung Energieversorgung Linz
    Linz AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million.
    EUR 200 million.
    Location
    Sector(s)
    Description
    Objectives

    Construction of a waste-to-energy co-generation plant and expansion of a gas-fired combined-cycle power plant in the city of Linz.

    The waste-to-energy co-generation plant will improve the waste management in Linz by reducing the need for land filling, and contribute to an efficient energy recovery from the waste combustion.
    The natural gas-fired combined cycle gas turbine plant constitutes an efficient means of co-generating heat and electricity with a relatively low environmental impact to meet the demand for municipal district heating and to secure the electricity supply in the region.

    Environmental aspects
    Procurement

    Both investment schemes concern well-established technologies in the respective sectors, also applied in other countries in the EU. They fall under Annex I of Directive 85/337/EC, amended 97/11/EC, 2003/35/EC, thus they are subject to a full EIA.

    The promoter applies EU public procurement rules where applicable. Several contract notices related to the project have been published at this stage. Details will be verified during appraisal.

    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).

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    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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    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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