Release date: 5 July 2002
Promoter – Financial Intermediary
Elsam A/S, Fredericia, Denmark.Location
Description
Construction of a windfarm, comprising 80 wind turbines of 2 MWe capacity each, giving an expected combined annual output of 600 GWh. The windfarm is scheduled to go into full operation in late 2002.
Objectives
To contribute to Danish and European targets for renewable energy generation (abatement of CO2 emissions and diversification of energy supply). The project also represents an important element in the Danish Government's plans to meet its obligations under the Kyoto Protocol.
Comments
Regional and global environment, including climate change.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 130 million.
Total cost (Approximate amount)
EUR 300 million.
Environmental aspects
The project falls under Annex II of Directive 97/11/EC; in this case, a full environmental impact assessment has been carried out and a construction permit was awarded by the competent authority at the beginning of 2001. Compliance with Community policy and legislation in the field of the environment will be verified during appraisal.
Procurement
Bidding procedures shall be in conformity with EU procurement directives where applicable.
Status
Signed - 19/05/2003
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).