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    Reference: 20140502
    Release date: 3 September 2015

    Promoter – Financial Intermediary

    NEOEN

    Location

    Description

    Construction of a set of 25 projects of 12 MW, totaling 300MW. The project is located in the town of Cestas, in the Aquitaine region.

    Objectives

    The project contributes to national and European targets for renewable energy production and thus to European Union objectives in terms of action against climate change and for the security and sustainability of energy supply.

    Comments

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    EUR 56 million

    Total cost (Approximate amount)

    EUR 352 million

    Environmental aspects

    The project is expected to have limited environmental impact during construction and operation. An environmental impact assessment (EIA) has been performed. The Bank will review the EIA during appraisal, including a verification of compliance with national and EU environmental and biodiversity regulations.

    Procurement

    The promoter is a private company not operating in the utilities sector and in principle not having the status of a contracting authority. It would thus not be covered by EU directives on procurement.

    Status

    Approved - 2/10/2015

    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).

    Related tags

    France Energy