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        LONDON ARRAY OFFSHORE WINDFARM

        Signature(s)

        Amount
        € 842,904,589.68
        Countries
        Sector(s)
        United Kingdom : € 842,904,589.68
        Energy : € 842,904,589.68
        Signature date(s)
        9/09/2010 : € 242,483,026.18
        8/06/2010 : € 294,592,460.8
        1/07/2010 : € 305,829,102.7
        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - EN

        Summary sheet

        Release date
        10 July 2009
        Status
        Reference
        Signed | 08/06/2010
        20090108
        Project name
        Promoter - financial intermediary
        London Array Offshore Windfarm

        London Array is sponsored by E.ON, DONG Energy and Masdar

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        GBP 1 000 million.
        Indicatively estimated by the Bank at around GBP 2 200 million.
        Location
        Sector(s)
        Description
        Objectives

        The project is the 1st phase of an envisaged 1,000 MW offshore wind farm off the UK coast. Phase 1 will consist of 175 turbines and have a capacity of 630 MW.

        The project aims at helping the UK to achieve its ambitious target of electricity consumption based on renewable energy sources in 2020.

        Environmental aspects
        Procurement

        By virtue of its technical characteristics the project is classified as an Annex II-project according to the EIA-Directive 85/337/EEC, as amended. A comprehensive EIA was conducted including a detailed biodiversity assessment. Planning approval was granted by the competent authority following extensive public consultation.

        The promoter is not subject to EU procurement directives (Utilities Directive 2004/17) for the purchase of the project’s equipment as the concession to build an offshore wind farm was granted following a competitive tender (Round 2) launched by the UK government.

        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - EN

        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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        Related publications