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Reference: 20060384
Release date: 27 November 2006

Promoter – Financial Intermediary

Centrica plc

Location

Description

Construction of a 840MW gas-fired combined cycle power station as well as associated gas pipeline and electricity transmission infrastructure.

Objectives

Installation of a modern power generation unit with high energy efficiency and low environmental impact to improve the energy demand/supply balance.

Comments

Electricity, Gas and Water Supply

Sector(s)

Proposed EIB finance (Approximate amount)

Up to GBP 150 million.

Total cost (Approximate amount)

Around GBP 400 million.

Environmental aspects

The project falls under Annex 1 of Directive 97/11/EC and has undergone a full EIA procedure, including public consultation. This procedure has been completed and the competent authority issued the development consent with a number of conditions, which will be implemented by the promoter.

Procurement

The turn-key contract for design and execution of the power plant was published in the OJEU for tendering under a negotiated procedure.

Status

Signed - 1/06/2007

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

United Kingdom Energy