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

    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Germany : € 80,000,000
    Energy : € 80,000,000
    Signature date(s)
    7/03/2011 : € 80,000,000
    Link to source

    Summary sheet

    Release date
    16 December 2008
    Status
    Reference
    Signed | 04/03/2011
    20080591
    Project name
    Promoter - financial intermediary
    ENBW Offshore Wind

    ENBW Energie Baden-Württemberg AG

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to 50% of project cost.
    Indicatively estimated to be around EUR 150 million
    Location
    Sector(s)
    Description
    Objectives

    Construction and operation of Germany’s first commercial offshore wind farm. It comprises up to 21 turbines, each with a power of 2.5 MWe. The project is located in the Baltic Sea, 16 km off the German coast (close to the municipalities of Zingst and Prerow), at a water depth of between 16-19 metres. The overall project area is 7 km2.

    The project aims to contribute to the targeted increase of the share of electricity from renewable energy sources in Germany to 20% by 2020 and to 50% by 2050.

    Environmental aspects
    Procurement

    The project falls under Annex II of EIA-Directive 85/337/EEC (amended by 97/11/EC and 2003/35/EC) concerning the Environmental Impact Assessment (EIA). The Bank will review the followed environmental procedures, including the result of possible EIAs, mitigating measures to be taken and any effects on nature conservation sites (Habitats Directive 92/43/EEC and Natura 2000).

    Compliance with the EU procurement directives and national laws shall be ensured.

    Link to source
    Summary sheet

    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