Release date: 30 January 2004
Promoter – Financial Intermediary
Office National de l’Électricité.Location
Description
Creation of a 140 MW wind farm consisting of turbines with a power rating of 850 kW or above (i.e. up to 165 units). Projected annual power generation is around 500 GWh. The wind farm will be located about 15 km east of Tangiers. The energy produced will be fed into the national grid at the existing Melloussa sub-station via two 225 kV lines.
Objectives
The project will contribute to the development of a renewable energy source in Morocco and make it possible to meet electricity demand with a limited environmental impact.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 60 million loan from the Bank's own resources under the FEMIP – EUROMED II Mandate.
Total cost (Approximate amount)
Around EUR 150 million.
Environmental aspects
Environmental impact studies have already been conducted for the project. These do not indicate any major adverse effects other than the inevitable visual impact. A detailed study on the project's impact on wild birds will be carried out.
Procurement
The various components of the project will be put out to international tender with publication in the OJEC.
Status
Signed - 4/11/2004
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).