Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 175,000,000
    Countries
    Sector(s)
    Ireland : € 175,000,000
    Energy : € 175,000,000
    Signature date(s)
    26/11/2008 : € 175,000,000
    Link to source

    Summary sheet

    Release date
    20 November 2007
    Status
    Reference
    Signed | 26/11/2008
    20070106
    Project name
    Promoter - financial intermediary
    ESB Aghada Gas Fired Power Station

    Electricity Supply Board

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    To be decided.
    Around EUR 400 million.
    Location
    Sector(s)
    Description
    Objectives

    Design, construction, commissioning and operation of a 431 MWe natural gas-fired combined cycle power plant.

    To provide new baseload generating capacity to meet rising power demand in Ireland. The construction of this new, efficient, gas-fired plant is part of an overall plant portfolio restructuring programme which includes the closure / divestment of older, less efficient plants throughout Ireland.

    Environmental aspects
    Procurement

    Due to the capacity of the plant, the project falls under Annex I of the EIA directive and requires an EIA which was issued in July 2004. The project has received a permission to build and an integrated pollution prevention and control license. With the application of various mitigation measures, the environmental impact of the project is expected to be within acceptable levels.

    The procurement procedures applied to the project follow the requirements of the EU procurement directive 93/38/EC as amended by 2004/17/EC. The promoter published the tender for the plant in OJEC in 2003 and the award notice was published in OJEC in June 2007.

    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).

    News & Stories

    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.

    Related publications