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    Signature(s)

    Amount
    € 11,700,000
    Countries
    Sector(s)
    Sweden : € 11,700,000
    Energy : € 11,700,000
    Signature date(s)
    25/02/2016 : € 5,850,000
    25/02/2016 : € 5,850,000

    Summary sheet

    Release date
    8 February 2016
    Status
    Reference
    Signed | 25/02/2016
    20150567
    Project name
    Promoter - financial intermediary
    MIROVA EUROFIDEME 3 CO-INVESTMENT WIND SWEDEN
    MIROVA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 12 million
    EUR 27 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Co-investment in an onshore wind farm with a capacity of 23.1 MW.

    The project concerns a ready-to-build onshore wind farm in Sweden. The project will contribute to meeting the EU and Swedish targets for energy generated from renewable energy sources.

    Environmental aspects
    Procurement

    A comprehensive Environmental Impact Assessment (EIA) has been conducted and the fund manager will be required to obtain the non-technical summary of it, and, where relevant, written confirmation from the competent authority that the investment will not have any significant negative impact on sites of nature conservation. The project will generate positive environmental impacts, notably by reducing Greenhouse Gas emissions. The potential negative environmental impacts of the project are mainly limited to the construction phase. Related conditions are included in the environmental permit and the construction planning takes these conditions into account.

    The fund's investment guidelines will be required to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the relevant directives. In this case, the promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Related projects

    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) - MIROVA EUROFIDEME 3 CO-INVESTMENT WIND SWEDEN
    Publication Date
    23 Feb 2016
    Document language
    Main Topic
    Lending
    Document Number
    64837528
    Document Focus
    Environmental Information
    Project Number
    20150567
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - MIROVA EUROFIDEME 3 CO-INVESTMENT WIND SWEDEN
    Publication Date
    14 Oct 2020
    Document language
    Main Topic
    Lending
    Document Number
    130428750
    Document Focus
    Environmental Information
    Project Number
    20150567
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    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.

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    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.

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