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    Signature(s)

    Amount
    € 36,000,000
    Countries
    Sector(s)
    Bosnia and Herzegovina : € 36,000,000
    Energy : € 36,000,000
    Signature date(s)
    19/10/2023 : € 36,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    14 May 2020
    Status
    Reference
    Signed | 19/10/2023
    20190843
    Project name
    Promoter - financial intermediary
    WINDFARM VLASIC
    JP ELEKTROPRIVREDA BOSNE I HERCEGOVINE DD - SARAJEVO
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 36 million
    EUR 90 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project will finance the construction and operation of a 50 MW wind farm on the Vlasic mountain in the region of Travnik, Bosnia and Herzegovina (BIH) and the connection to the nearby national grid.

    The aim is to provide a sustainable and secure supply of energy, as well as investing in renewable sources, therefore to contribute to the long-term economic growth and development in the region. The operation supports the EIB's mandate objectives for the Candidate countries, by promoting renewable energy, tackling climate change and improving the security of energy supply.

    Environmental aspects
    Procurement

    If the project were located within the EU it would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU), requiring the competent authorities to determine whether an EIA is required. The wind farm has undergone an EIA according to the local legislation, and has received relevant environmental permits. Compliance of the project and its authorization procedure with the EIB E&S standards and principles of the relevant EU Directives will be verified during the appraisal.

    The promoter has to ensure that any procurement procedures are done in accordance with the EIB's Guide to Procurement and the relevant applicable EU public procurement rules. In particular, the Bank will require that calls for international tenders be published in the EU Official Journal, as necessary. The EIB will enter into a delegation agreement with the Kreditanstalt für Wiederaufbau (KfW) for the project within the context of a Mutual Reliance Initiative, as foreseen in the Bank's Guide to Procurement.

    Under Global Europe NDICI guarantee

    Under EFSD+ Guarantee

    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 Impact Assessment (ESIA) - WINDFARM VLASIC
    Publication Date
    1 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    126189687
    Document Focus
    Environmental Information
    Project Number
    20190843
    Sector(s)
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - WINDFARM VLASIC
    Publication Date
    2 Oct 2020
    Document language
    Main Topic
    Lending
    Document Number
    126908241
    Document Focus
    Environmental Information
    Project Number
    20190843
    Sector(s)
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - WINDFARM VLASIC - Environment and Social Action Plan
    Publication Date
    27 Nov 2021
    Document language
    Main Topic
    Lending
    Document Number
    151411975
    Document Focus
    Environmental Information
    Project Number
    20190843
    Sector(s)
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - WINDFARM VLASIC - Ornithological study
    Publication Date
    1 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    126186914
    Document Focus
    Environmental Information
    Project Number
    20190843
    Sector(s)
    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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    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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