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    Signature(s)

    Amount
    € 156,128,024.98
    Countries
    Sector(s)
    United Kingdom : € 156,128,024.98
    Energy : € 156,128,024.98
    Signature date(s)
    24/06/2002 : € 156,128,024.98
    Link to source

    Summary sheet

    Release date
    22 March 2002
    Status
    Reference
    Signed | 24/06/2002
    20010597
    Project name
    Promoter - financial intermediary
    SSE Renewable Generation

    Scottish and Southern Energy 
    Inveralmond House
    200 Dunkeld Road
    Perth
    Perthshire PH1 3HQ

    Contact point: G. Alexander

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to GBP 100 mio
    Estimated to be in the region of GBP 300m for the period 2002-2006
    Location
    Sector(s)
    Description
    Objectives

    The project comprises the refurbishment and upgrade of several small and medium-scale hydro-electric plants and the installation of several wind farms in various locations in Scotland, with a combined capacity of up to approximately 540 MWe. The plants are expected to be commissioned in the period 2002-2006.

    The refurbishment and development of renewable energy capacity, using indigenous sources of energy, will support UK and European targets for renewable energy generation and abatement of CO2 emissions.

    Environmental aspects
    Procurement

    The schemes included in the project fall under Annex II of Directive 97/11/EC. Environmental Impact Assessment (EIA) procedures are carried out where required by the competent authorities and mitigating measures are applied as appropriate. The promoter operates in accordance with an environmental management plan certified to ISO 14001.

    Contracts for wind farm construction and refurbishment of hydro-electric plants are tendered on a competitive basis following pre-qualification of contractors, with notices placed in the Official Journal of the European Communities as appropriate.

    Comments

    Electricity

    Link to source

    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).

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