Belchatow Environmental Modernisation

Promoter – Financial Intermediary

Elektrownia Belchatow S.A.

Location

• Poland

Description

The Project focuses on the modernisation of 6 energy production units together with complementary installations, aimed at limitation of pollution.

Objectives

The modernisation should result in higher levels of energy efficiency and reduced emissions to the atmosphere, therefore resulting in economic and environmental benefits.

Comments

Production of electric energy.

Sector(s)

• Energy

Proposed EIB finance (Approximate amount)

Up to EUR 220 million

Total cost (Approximate amount)

At least EUR 440 million

Environmental aspects

Compliance with EU directives, national legislation and guidelines will be verified during the Bank's appraisal.

• Environmental Impact Assessment (EIA)

Procurement

Compliance with EU directives, national legislation and guidelines is made a condition for this loan.

Status

Signed - 16/06/2005