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Signature(s)

Amount
€ 47,673,098.76
Countries
Sector(s)
Poland : € 47,673,098.76
Energy : € 47,673,098.76
Signature date(s)
24/10/2011 : € 47,673,098.76
Link to source

Summary sheet

Release date
21 January 2011
Status
Reference
Signed | 24/10/2011
20100270
Project name
Promoter - financial intermediary
Tauron - South Poland Biomass Power Unit

Południowy Koncern Energetyczny SA

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to PLN 210 million (ca. EUR 53 million)
Estimated amount: PLN 424 million (ca. EUR 108 million)
Location
Sector(s)
Description
Objectives

The project concerns the construction and operation of a new biomass-fired boiler (approximately 140 MWth), to replace one of the existing coal fired boilers that will be decommissioned due to obsolescence, and the refurbishment of an existing steam turbine (approximately 50 MWe) and auxiliary infrastructure. The project will be located within the boundaries of the existing Jaworzno III Power Plant and is intended to operate primarily for the production of electricity, whilst at the same time facilitating compliance with renewable energy supply regulations.

The project will contribute to meeting electricity demand using a renewable source, thus replacing fossil fuel generation and contributing to increase security of electricity supply. Moreover, the project will renew the thermal power reserve in the existing cogeneration plant, thus providing a back-up for the plant’s basic heat system which supplies hot water to the connected district heating network.

Environmental aspects
Procurement

The project falls under Annex II of Directive 85/337/EC and has undergone a full Environmental Impact Assessment (EIA). The project has received the environmental permit from the competent authority. The results of the EIA show that the plant, which will be built within the boundaries of an existing facility, is not expected to have a negative impact on any site of nature conservation.

The promoter is a public undertaking and follows public procurement procedures in compliance with the Directive 2004/17/EC and with the Polish Public Procurement Act. The promoter’s approach for the procurement of works, goods and services will be further evaluated during the appraisal.

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).

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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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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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