Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    The Netherlands : € 500,000,000
    Energy : € 500,000,000
    Signature date(s)
    24/09/2021 : € 500,000,000

    Summary sheet

    Release date
    17 January 2020
    Status
    Reference
    Signed | 24/09/2021
    20190715
    Project name
    Promoter - financial intermediary
    BORSSELE 1 AND 2 OFFSHORE WIND FARM
    OERSTED A/S
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1491 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project will finance the construction and operation of two offshore wind farms with a total capacity of 752MW in the Dutch part of the North Sea.

    The development of offshore wind energy will support EU and national targets for renewable energy generation, and contributes to security of energy supply and environmental objectives. The project will further contribute to the EIB energy-sector lending related to the transversal objective of financing renewable energy sources and climate action.

    Environmental aspects
    Procurement

    By virtue of its technical characteristics the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU, amended by Directive 2014/52/EU), where the national authorities have to decide whether an EIA is needed. In this case a full environmental impact assessment was commissioned by the Ministries of Economic Affairs and of Infrastructure and the Environment. Details of the authorisation process and its compliance with the relevant EU directives, as applicable, will also be assessed during appraisal.

    Given that the concession is awarded following a due public procurement process in line with Directives 2014/23/EU and 2014/25/EU, the promoter is not enjoying special and exclusive rights. The bank will verify at appraisal whether the promoter is subject to EU rules on public procurement.

    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 Impact Assessment (ESIA) - BORSSELE 1 AND 2 OFFSHORE WIND FARM - Milieueffectrapport (MER) - Addendum part 2
    Publication Date
    17 Jun 2020
    Document language
    Main Topic
    Lending
    Document Number
    130718833
    Document Focus
    Environmental Information
    Project Number
    20190715
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BORSSELE 1 AND 2 OFFSHORE WIND FARM - Milieueffectrapport (MER) - Addendum part 3
    Publication Date
    17 Jun 2020
    Document language
    Main Topic
    Lending
    Document Number
    130730029
    Document Focus
    Environmental Information
    Project Number
    20190715
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BORSSELE 1 AND 2 OFFSHORE WIND FARM - Milieueffectrapport (MER) - Addendum part 1
    Publication Date
    17 Jun 2020
    Document language
    Main Topic
    Lending
    Document Number
    130730129
    Document Focus
    Environmental Information
    Project Number
    20190715
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - BORSSELE 1 AND 2 OFFSHORE WIND FARM
    Publication Date
    19 Aug 2020
    Document language
    Main Topic
    Lending
    Document Number
    129055604
    Document Focus
    Environmental Information
    Project Number
    20190715
    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.

    Media enquiries

    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.

    Related publications