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    Signature(s)

    Amount
    € 63,881,660.69
    Countries
    Sector(s)
    Poland : € 63,881,660.69
    Energy : € 63,881,660.69
    Signature date(s)
    16/12/2019 : € 63,881,660.69
    Link to source

    Summary sheet

    Release date
    26 June 2019
    Status
    Reference
    Signed | 16/12/2019
    20170880
    Project name
    Promoter - financial intermediary
    PGE GREEN FACILITY I
    PGE ENERGIA ODNAWIALNA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    PLN 272 million (EUR 63 million)
    PLN 545 million (EUR 127 million)
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project consists of a portfolio of three wind farms, Starza (44 MW), Rybice (22 MW) and Karnice II (22 MW), located 3-13 km from the Baltic coast in Poland, clustered and connected to the national grid.

    The development of onshore wind energy supports the EU and national targets for renewable energy generation and contributes to the Bank's renewable energy and energy efficiency objectives. The project is located in a cohesion priority region. The financing of this project contributes to the EIB's lending priority objectives on renewable energy as well as on climate action and social cohesion.

    Environmental aspects
    Procurement

    The project is fully consented following an environmental impact assessment process. The project is not expected to have a significant negative impact on the integrity of the nearby nature conservation sites.

    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 (Directive 2014/25/EU), with the publication of tender notices in the Official Journal of the EU, as and where appropriate.

    Link to source
    Summary sheet

    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) - PGE GREEN FACILITY I
    Publication Date
    17 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    92477883
    Document Focus
    Environmental Information
    Project Number
    20170880
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PGE GREEN FACILITY I
    Publication Date
    6 Apr 2022
    Document language
    Main Topic
    Lending
    Document Number
    152121376
    Document Focus
    Environmental Information
    Project Number
    20170880
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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.

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    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.

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    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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