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    Signature(s)

    Amount
    € 125,000,000
    Countries
    Sector(s)
    Sweden : € 125,000,000
    Industry : € 125,000,000
    Signature date(s)
    6/04/2020 : € 125,000,000

    Summary sheet

    Release date
    10 September 2020
    Status
    Reference
    Signed | 06/04/2020
    20190488
    Project name
    Promoter - financial intermediary
    HUSUM REFURBISHMENT
    METSAE BOARD OYJ
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 125 million
    EUR 300 million
    Location
    Sector(s)
    Description
    Objectives

    Replacement of recovery boiler, turbine generator and the installation of a black liquour superconcentrator at the Husum pulp mill in Sweden.

    The replacement of the currently existing recovery boilers and associated steam and power generation by a new, more efficient system will peruse economies of scale and overall system modernisation to increase the electricity generation, while still meeting the overall heat demand of the existing integrated pulp and paper mill with similar thermal input. The project does not target an increase in mill's production capacity.

    Environmental aspects
    Procurement

    The project's compliance with all applicable national and EU environmental legislation will be verified during the appraisal. An environmental impact assessment will be carried out and mitigating and/or compensation measures applied as necessary.

    The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the relevant applicable EU procurement rules.

    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) - HUSUM REFURBISHMENT
    Publication Date
    12 Sep 2020
    Document language
    Main Topic
    Lending
    Document Number
    122978795
    Document Focus
    Environmental Information
    Project Number
    20190488
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

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