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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

    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.

    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) - 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

    News & Stories

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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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