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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    France : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    31/05/2022 : € 75,000,000

    Summary sheet

    Release date
    19 February 2020
    Status
    Reference
    Signed | 31/05/2022
    20180690
    Project name
    Promoter - financial intermediary
    GOLFE DU LION FLOATING OFFSHORE (EFGL)
    LES EOLIENNES FLOTTANTES DU GOLFE DU LION SAS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 300 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project includes the design, installation, operation and maintenance of a 30MW floating offshore wind farm 16km off the coast of France, in 75m water depth.The project consists of three floating substructures, 10 MW wind turbines and the relevant balance of plant components (intra array cable, anchoring etc). The export cable to the shore and the land route will be installed by the transmission system operator at the cost of the project company.

    The development of offshore wind energy will support EU and national targets for renewable energy generation and greenhouse gas emission reduction, it thus contributes to environmental objectives. The project will contribute to the EIB's priority objectives for energy sector lending related to renewable energy sources and transversal objectives of climate action as well as social cohesion. Floating turbines could allow projects to access better wind resources in deeper waters (for which the fixed-foundation solution would likely be too costly) and generate potential savings with regards to foundations and installation costs. The project is thus likely to contribute to the advance of EU technological leadership in wind energy and therefore support long-term EU economic growth.

    Environmental aspects
    Procurement

    The project falls under Annex II of the Directive 2011/92/EU (as amended by Directive 2014/52/EU) according to which the Member States shall determine, based on defined criteria, whether the project shall be subject to a mandatory Environmental Impact Assessment (EIA), including public consultation. The promoters carried out the relevant environmental impact assessments, including public consultation, and the environmental permit has been issued in Q3 2019. The EIA and the permitting will be assessed during appraisal for conformity with relevant EU Directives, including Habitats (92/43/EEC) and Birds (2009/147/EC) as well as the Marine Strategy Framework Directive (2008/56/EC) and Strategic Environmental Assessment Directive (2001/42/EC).

    The promoters have been assessed by the EIB as being a private companies not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoters are after all subject to EU public procurement legislation, Directive 2014/25/EU, then the Bank would require the promoters to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/25/EU, as well as Directive 92/13/EEC or Directive 89/665/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 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 Impact Assessment (ESIA) - GOLFE DU LION FLOATING OFFSHORE (EFGL) - Resumé Non Technique de l'Etude d'Impact
    Publication Date
    20 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    125575734
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GOLFE DU LION FLOATING OFFSHORE (EFGL) - Etude d'Impact - Contexte et objectifs du projet
    Publication Date
    24 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    125569044
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GOLFE DU LION FLOATING OFFSHORE (EFGL) - Etude d'Impact - Mesures prévues par les Maîtres d'ouvrage
    Publication Date
    24 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    125568044
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GOLFE DU LION FLOATING OFFSHORE (EFGL) - Etude d'Impact - Impacts cumulés
    Publication Date
    24 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    125565106
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - GOLFE DU LION FLOATING OFFSHORE (EFGL)
    Publication Date
    21 May 2020
    Document language
    Main Topic
    Lending
    Document Number
    123774616
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GOLFE DU LION FLOATING OFFSHORE (EFGL) - Etude d'Impact - Etat initial de l'environnement du projet
    Publication Date
    24 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    125558439
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GOLFE DU LION FLOATING OFFSHORE (EFGL) - Etude d'Impact - Effets et impacts du projet sur l'environnement et la santé
    Publication Date
    24 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    125574701
    Document Focus
    Environmental Information
    Project Number
    20180690
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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    Complaints mechanism

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    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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