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    Signature(s)

    Amount
    € 275,000,000
    Countries
    Sector(s)
    Austria : € 275,000,000
    Energy : € 275,000,000
    Signature date(s)
    9/03/2011 : € 125,000,000
    6/05/2010 : € 150,000,000

    Summary sheet

    Release date
    7 January 2010
    Status
    Reference
    Signed | 06/05/2010
    20090636
    Project name
    Promoter - financial intermediary
    CCGT Power Plant in Mellach

    Verbund Österreichische Elektrizitätswirtschafts-AG through the majority-owned utility Verbund Austrian Power GmbH Co & KG.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 275 million
    Up to EUR 550 million
    Location
    Sector(s)
    Description
    Objectives

    The Project concerns the construction and operation of a high efficiency CCGT power plant of 832 MW-e.

    The Project will contribute to meet the growing Austrian demand in electricity.

    Environmental aspects
    Procurement

    Due to its technical characteristics the Project falls under Annex I of the EIA Directive 58/337/EC and amendments, requiring an EIA. The EIA has been completed in September 2008 and the license for construction has been granted with a number of conditions related to construction and operation of the plant which will be implemented by the Promoter. The impacts on Natura2000/Habitats and potential mitigating measures will be reviewed during appraisal.

    At the time of tendering, the Promoter fell under the scope of the EU Procurement Directive 2004/17/EC. Following a tender process announced in the OJEU on 16.06.2006, the EPC contract for the plant was signed in July 2008 and the site handed over January 2009. Details of the procurement scope and procedures followed to be further assessed.

    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.

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    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.

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    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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