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Signature(s)

Amount
€ 45,000,000
Countries
Sector(s)
Estonia : € 45,000,000
Energy : € 45,000,000
Signature date(s)
8/12/2011 : € 45,000,000
Link to source

Summary sheet

Release date
29 September 2011
Status
Reference
Signed | 08/12/2011
20110108
Project name
Promoter - financial intermediary
Eesti Energia Windparks

AS Eesti Energia

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
Approximately EUR 100 million
Location
Sector(s)
Description
Objectives

The project consists of development, construction and operation of two windfarms in Estonia.

The two wind farms will have a combined total capacity of about 62 MW. One wind farm will be constructed on the ash field adjacent to the thermal power plant at Narva and the other one on the Paldiski peninsula.

Environmental aspects
Procurement

Both wind farms fall under Annex II of the EIA Directive. The projects have been screened by the responsible authority and thus undergone the EIA process.

Since the promoter is public undertaking it will follow the EU Procurement Directive 2004/17/EC to procure the equipment and construction works according to the public procurement principles established in the EIB guide to procurement.

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).

Documents

Environmental and Social Completion Sheet (ESCS) - EESTI ENERGIA WINDPARKS
Publication Date
17 Mar 2016
Document language
Main Topic
Lending
Document Number
65129993
Document Focus
Environmental Information
Project Number
20110108
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - EESTI ENERGIA WINDPARKS
Publication Date
8 Mar 2016
Document language
Main Topic
Lending
Document Number
65131897
Document Focus
Environmental Information
Project Number
20110108
Sector(s)
Regions
Countries
Publicly available
Download now

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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.
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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 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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