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

    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    South Africa : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    15/05/2014 : € 75,000,000

    Summary sheet

    Release date
    17 October 2013
    Status
    Reference
    Signed | 15/05/2014
    20100704
    Project name
    Promoter - financial intermediary
    ESKOM KIWANO CSP PROJECT
    ESKOM HOLDINGS SOC LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 856 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Implementation and operation of a 100 MW power plant based on an innovative Concentrated Solar thermal Power (CSP) technology. The project will be located in South Africa and benefit from high solar irradiation levels. The promoter is a large state-owned utility. The project will be jointly financed in cooperation with Clean Technology Fund (CTF), IBRD, AfDB, AFD and KfW.

    The operation will support the objectives of the South African government to increase the share of renewable energy generation and enhance the efficiency of energy use.

    Environmental aspects
    Procurement

    If the project were located in the EU, it would fall under Annex II of the EIA Directive (85/337/EEC) as amended, requiring the competent national authority to determine the need for an Environmental Impact Assessment (EIA). Under South African Law, the project requires a mandatory EIA including initial scoping and public consultation. During appraisal, the Bank will ensure that the project complies with the Bank's principles and standards as regards environmental and social issues.

    During appraisal, the Bank will review the procurement procedures and require that they conform to the main mechanisms of Directive 2004/18/EC and the Bank's Guide to Procurement, as amended.

    Comments

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ESKOM KIWANO CSP PROJECT
    Publication Date
    21 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    51357163
    Document Focus
    Environmental Information
    Project Number
    20100704
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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