Kemijoki Hydropower II

Projektträger – zwischengeschaltetes Finanzinstitut

Kemijoki Oy

Ort

• Finnland

Beschreibung

The project forms part of the medium-term investment programme of Kemijoki, owner and operator of hydropower plants in Finland. The project consists of upgrading the turbines of several existing hydropower plants and building one new hydropower plant.

Ziele

The project will modernise, improve efficiency and increase generation capacity to meet growing electricity demand by using renewable energy resources.

Kommentar(e)

Article 267 c) energy projects of common interest, and a) economic and social cohesion.

Sektor(en)

• Energie

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

Loan of up to EUR 70 million.

Gesamtkosten (voraussichtlicher Betrag)

EUR 140 million.

Umweltaspekte

The construction of the new power plant included in the project falls under Annex I of Directive 97/11/EC due to the size of the reservoir and thus requires a formal Environmental Impact Assesment (EIA). The upgrade and refurbishment of the existing hydropower plants falls under Annex II if they are considered to have a significant impact on the environment. Following a review of the project components the competent authority will screen each individual component to determine whether a formal EIA is required or not.

Auftragsvergabe

The Promoter is bound by legislation to perform purchases according to the EU Procurement Directive 93/38/ECC, as transposed with the new Utilities Directive 2004/17/EC.

Projektstatus

Unterzeichnet - 5/10/2005