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    Signature(s)

    Amount
    € 60,000,000
    Countries
    Sector(s)
    Finland : € 60,000,000
    Energy : € 60,000,000
    Signature date(s)
    17/03/2014 : € 60,000,000

    Summary sheet

    Release date
    21 November 2013
    Status
    Reference
    Signed | 17/03/2014
    20130436
    Project name
    Promoter - financial intermediary
    CHP PLANT
    Confidential
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 60 million
    EUR 140 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises the construction of a new industrial CHP plant in Finland.

    The project consists of a new Combined Heat and Power (CHP) unit to be constructed at an industrial site in Finland. The project involves replacement of one existing boiler and includes also the installation of a new steam turbine and generator.

    Environmental aspects
    Procurement

    The project falls under Annex II of the EIA Directive (2011/92/EU) and the EIA was not requested by the competent authority. The plant will be located on a brown field site within the boundaries of existing facility. The investment will enable integration of the CHP plant with industrial operations with increased efficiency of heat and power generation.

    The promoter is not a contracting authority as defined by the Directive 2004/17/EC. The main purpose of the project is to provide electricity to satisfy promoter’s internal needs and the project implementation is not bound to follow the Finnish and EU regulations on public procurement.

    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 Data Sheet (ESDS) - RAAHE CHP PLANT
    Publication Date
    12 Feb 2014
    Document language
    Main Topic
    Lending
    Document Number
    50593630
    Document Focus
    Environmental Information
    Project Number
    20130436
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - RAAHE CHP PLANT
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85638045
    Document Focus
    Environmental Information
    Project Number
    20130436
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    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 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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