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Signature(s)

Amount
€ 190,000,000
Countries
Sector(s)
Lithuania : € 190,000,000
Solid waste : € 85,500,000
Energy : € 104,500,000
Signature date(s)
5/12/2016 : € 85,500,000
5/12/2016 : € 104,500,000
Link to source

Summary sheet

Release date
10 December 2015
Status
Reference
Signed | 07/12/2016
20150433
Project name
Promoter - financial intermediary
LIETUVOS ENERGIJA VILNIUS CHP PROJECT
LIETUVOS ENERGIJA UAB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 190 million
Not disclosed.
Description
Objectives

Construction of two biomass-fired and waste-to-energy-fired combined heat and power (CHP) plants with a total capacity of 88 MWe and 227 MWth supplying electricity to the national grid and heat to the district heating system in Vilnius.

The project will ensure a reliable heat supply to the district heating network, improve the security of supply in electricity in Lithuania, increase the competition on the Lithuanian electricity market and, thanks to the use of renewable fuel and waste, increase the diversification of the power sector. The project is eligible under Article 309 point (a) projects for developing less-developed regions, since Lithuania meets the criteria; and point (c) common interest of the Treaty on the Functioning of the European Union.

Environmental aspects
Procurement

The project is undergoing a mandatory environmental impact assessment according to the EU requirements for this type of plant. The environmental impact statement was completed and approved in third quarter of 2015. The relevant draft environmental permit is undergoing public consultation. During appraisal the Bank will review the environmental documentation to ensure alignment with Bank requirements.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal (OJEU), as and where required. The main contract notice was published in the OJEU under the number 2015/S 092-164618 on 13 May 2015.

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 Data Sheet (ESDS) - LIETUVOS ENERGIJA VILNIUS CHP PROJECT
Publication Date
9 Jul 2016
Document language
Main Topic
Lending
Document Number
67624594
Document Focus
Environmental Information
Project Number
20150433
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - LIETUVOS ENERGIJA VILNIUS CHP PROJECT - Environmental Impact Assessment Report
Publication Date
11 Mar 2017
Document language
Main Topic
Lending
Document Number
74370788
Document Focus
Environmental Information
Project Number
20150433
Sector(s)
Regions
Countries
Publicly available
Download now

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