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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Finland : € 75,000,000
    Solid waste : € 37,500,000
    Energy : € 37,500,000
    Signature date(s)
    3/09/2010 : € 37,500,000
    3/09/2010 : € 37,500,000

    Summary sheet

    Release date
    13 April 2010
    Status
    Reference
    Signed | 03/09/2010
    20090604
    Project name
    Promoter - financial intermediary
    Lahti Waste to Energy Plant

    Lahti Energia

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million.
    EUR 160 million.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of two new circulating fluidised bed (CFB) gasifiers, fuel handling and storage, product gas cooling and cleaning systems, boiler, flue gas cleaning and steam turbine power plant, capable of producing 50 MW electricity and 90 MW of heat.

    The new plant will produce electricity and heat, and will partly replace an existing coal-fired combined heat and power (CHP) plant.

    Environmental aspects
    Procurement

    The project falls under Annex 1 of the EIA directive, and accordingly a full EIA is required. Use of waste fuel brings the main environmental benefits of the project. The project will reduce the amount of waste that is landfilled and it will provide a waste recovery route instead of existing disposal route.

    The promoter is a public sector controlled entity and thereby required to follow Utilities Directive 2004/17/EC in the procurement. Electricity generation and sales activities in Finland have been exempt from this directive by the decision 2006/422/EC.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

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