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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Estonia : € 30,000,000
    Transport : € 30,000,000
    Signature date(s)
    7/12/2016 : € 30,000,000

    Summary sheet

    Release date
    30 August 2016
    Status
    Reference
    Signed | 08/12/2016
    20150745
    Project name
    Promoter - financial intermediary
    TALLINN AIRPORT UPGRADE
    TALLINNA LENNUJAAM AS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 80 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises a number of investments at the international airport of Tallinn aimed at improving environmental and safety performance, alleviating current congestion and accommodating future growth in traffic. The airport, which is located 4 km south-west of the city, is the largest airport in Estonia, handling 2.16 million passengers in 2015.

    It includes the displacement of the runway and the taxiway system to alleviate noise and air pollution, provision of new aircraft aprons, the reconfiguration and refurbishment of the passenger terminal, the expansion of the car parking areas, new aircraft maintenance hangars and a range of other safety and environmental related enhancements. The project will increase the capacity of the airport by approximately 2 million passengers per annum (mppa).

    The project comprises a number of investments at the international airport of Tallinn aimed at improving environmental and safety performance, alleviating current congestion and accommodating future growth in traffic. The airport, which is located 4 km south-west of the city, is the largest airport in Estonia, handling 2.16 million passengers in 2015.

    Environmental aspects
    Procurement

    A project of this type would normally be classified under Annex II of the EU EIA Directive 2011/92/EC, meaning that the Competent Authority makes the decision as to whether a formal EIA is required or not. Alignment to this and other National and EU environmental legislation, including EU Directive on Energy Performance of Buildings, and the status of any pre-existing development consents will be reviewed and assessed during appraisal.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, 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, as and where required.

    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) - TALLINN AIRPORT UPGRADE
    Publication Date
    14 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    68156535
    Document Focus
    Environmental Information
    Project Number
    20150745
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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