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Signature(s)

Amount
€ 397,000,000
Countries
Sector(s)
Germany : € 397,000,000
Energy : € 397,000,000
Signature date(s)
29/11/2007 : € 17,500,000
16/11/2007 : € 24,000,000
22/11/2007 : € 24,000,000
29/11/2007 : € 41,000,000
27/11/2007 : € 41,000,000
29/11/2007 : € 41,000,000
27/11/2007 : € 48,000,000
12/12/2007 : € 53,500,000
29/11/2007 : € 53,500,000
5/11/2007 : € 53,500,000
Link to source

Summary sheet

Release date
7 July 2006
Status
Reference
Signed | 05/11/2007
20060114
Project name
Promoter - financial intermediary
Advanced Coal-Power Plant Duisburg-Walsum

STEAG Aktiengesellschaft, Germany
ENV AG, Austria

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of project costs
Approx. EUR 820 million
Location
Sector(s)
Description
Objectives

Development, construction and operation of a 750 MW hard coal-power plant in an Objective 2 area, Duisburg-Walsum/ North-Rhine Westphalia (NRW).

The Project, utilising advanced coal technologies, aims at contributing to underpin the role of coal in power generation in the European power sector, thus, it shall provide the basis for a balanced energy supply mix while accommodating to the environmental and energy targets of the EU. The project is expected to create around 60 new permanent posts.

Environmental aspects
Procurement

Due to its technical characteristics, the project falls under Annex I of the EIA-Directive 85/337/EEC amended 97/11/EC, thus requiring a full environmental impact assessment. In order to verify that the project complies with EU policy and legislation in the field of the environment, the Bank will carefully review the outcome of the EIA procedure and the implications for the project, in particular the alternatives analysed, the environmental impacts, including those on any sites of nature conservation importance, and the proposed mitigation measures, including issues related to CO2 emissions.

Procurement procedures follow the requirements of the European Utilities Directive (93/38/EEC) as two periodic indicative notices, being calls for competition, are published in Tenders Electronic Daily (TED OJEU) covering main parts of services and supplies relevant for the project.

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).

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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