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Reference: 20020335
Release date: 22 April 2008

Promoter – Financial Intermediary

International Power PLC
Endesa SA

 

Location

Description

Construction and operation of a natural gas-fired combined cycle turbine generating plant with a total capacity of around 2 x 418 MW (net).

Objectives

The project will contribute to enhance security of electricity supply and will allow for better power generation efficiency with less greenhouse gas (GHG) emissions per unit of electricity produced.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 200 million, indicatively.

Total cost (Approximate amount)

Under appraisal.

Environmental aspects

Compliance with EU environmental directives and national laws will be ensured.

Procurement

The promoter is required to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, including the publication in the Official Journal of EU where appropriate.

Status

Signed - 23/10/2009

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).

Related tags

Portugal Energy