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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Germany : € 300,000,000
Energy : € 300,000,000
Signature date(s)
10/06/2003 : € 300,000,000
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Summary sheet

Release date
3 April 2003
Status
Reference
Signed | 10/06/2003
20020230
Project name
Promoter - financial intermediary
E.ON Energiemanagement
E.ON Energie AG, Munich (EONE).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 300 million
About 1000 million
Location
Sector(s)
Description
Objectives

The project forms part of a comprehensive 2-year investment programme aiming at energy efficiency enhancements and state-of-the-art energy management in electricity production including renewables and distribution, also including relevant R&D activities.

Investments focus on a more rational use of energy under environmentally sound conditions. This has been in particular triggered by technical progress and strengthened environmental requirements.

Environmental aspects
Procurement

The depth of environmental analysis for the various - in general small to medium size scale - schemes will vary depending on their individual technical characteristics Some larger transmission and natural gas fired schemes might require a formal EIA to be carried out.

The energy produced goes mainly to the public network and therefore the relevant EU procurement directives will apply.

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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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