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    Signature(s)

    Amount
    € 134,692,832.99
    Countries
    Sector(s)
    Denmark : € 134,692,832.99
    Energy : € 134,692,832.99
    Signature date(s)
    19/05/2003 : € 134,692,832.99
    Link to source

    Summary sheet

    Release date
    5 July 2002
    Status
    Reference
    Signed | 19/05/2003
    20020216
    Project name
    Promoter - financial intermediary
    Elsam Offshore Windfarm
    Elsam A/S, Fredericia, Denmark.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 130 million.
    EUR 300 million.
    Location
    Sector(s)
    Description
    Objectives

    Construction of a windfarm, comprising 80 wind turbines of 2 MWe capacity each, giving an expected combined annual output of 600 GWh. The windfarm is scheduled to go into full operation in late 2002.

    To contribute to Danish and European targets for renewable energy generation (abatement of CO2 emissions and diversification of energy supply). The project also represents an important element in the Danish Government's plans to meet its obligations under the Kyoto Protocol.

    Environmental aspects
    Procurement

    The project falls under Annex II of Directive 97/11/EC; in this case, a full environmental impact assessment has been carried out and a construction permit was awarded by the competent authority at the beginning of 2001. Compliance with Community policy and legislation in the field of the environment will be verified during appraisal.

    Bidding procedures shall be in conformity with EU procurement directives where applicable.

    Comments

    Regional and global environment, including climate change.

    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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