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    Signature(s)

    Amount
    € 56,831,438
    Countries
    Sector(s)
    Austria : € 56,831,438
    Energy : € 56,831,438
    Signature date(s)
    3/12/2025 : € 14,900,000
    21/10/2025 : € 41,931,438

    Summary sheet

    Release date
    3 November 2025
    Status
    Reference
    Signed | 21/10/2025
    20250324
    Project name
    Promoter - financial intermediary
    ST ANDRA SOLAR PV PARK & BATTERY STORAGE
    PUSPOK ERNEUERBARE ENERGIE GMBH
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 57 million
    EUR 90 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Implementation and operation of a ground-based agri-photovoltaic installation and five battery energy storage systems in Burgenland, Austria.

    The aim of the project is to primarily reduce carbon and air pollution emissions, which are externalities the market fails to address. Moreover, the project will foster the integration of new, variable renewable generation technologies in the market and support security of supply. Hence, the project will fill a market gap in developing new renewable capacity, including the financing gap for projects trying to develop new capacity with more market-exposed structures and instruments.

    Environmental aspects
    Procurement

    The project will generate environmental benefits by deploying a ground based solar photovoltaic (PV) plant that helps mitigate climate change. The PV plant, due to its technical characteristics, falls under Annex II of the EIA Directive 2011/92/EU, as amended by the Directive 2014/52/EU, requiring the competent authority to determine whether an environmental impact assessment (EIA) is required. The battery energy storage units do not fall under either Annex of the EIA Directive. The PV plant and the battery storage units have not been subject to an EIA.

    The European Commission has exempted all contracts which are being awarded to implement electricity generation projects in Austria from the scope of the Utilities Directive. No public procurement is required.

    Milestone
    Under appraisal
    Approved
    Signed
    26 August 2025
    21 October 2025

    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) - ST ANDRA SOLAR PV PARK & BATTERY STORAGE
    Publication Date
    8 Nov 2025
    Document language
    Main Topic
    Lending
    Document Number
    248247210
    Document Focus
    Environmental Information
    Project Number
    20250324
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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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.
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