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Summary sheet

Release date
20 October 2023
Status
Reference
Approved | 06/02/2024
20220241
Project name
Promoter - financial intermediary
POKLECANI WIND FARM
JP ELEKTROPRIVREDA HRVATSKE ZAJEDNICE HERCEG-BOSNE DD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 145 million
EUR 206 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project concerns the design, construction and operation of an onshore windfarm with total installed capacity of 132 MW, located in the wider mountainous area in the West Herzegovina-Canton in the Municipality of Posusje.

The aim is to increase the security of electricity and the share of renewable energy sources in the electricity system across the country. The investment will help BiH to diversify its energy sources, contributing to long term economic growth and development, in line with the EU Green Agenda embedded in the Economic and Investment Plan for the Western Balkans. The operation supports the EIB's objectives, by promoting the deployment of renewable energy technologies, tackling climate change through climate mitigation measures and improving security of energy supply.

Environmental aspects
Procurement

Environmental impact studies will be carried out as applicable and mitigating and/or compensation measures applied as necessary.

The EIB will require the Promoter 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.

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Under appraisal
Approved
6 February 2024
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) - POKLECANI WIND FARM
Publication Date
7 Feb 2024
Document language
Main Topic
Lending
Document Number
179576228
Document Focus
Environmental Information
Project Number
20220241
Sector(s)
Publicly available
Download now
Other links
Summary sheet

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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

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.

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