Release date: 7 February 2007
Promoter – Financial Intermediary
The promoter is a private group, which engages in independent power generation from renewable resources.Location
Description
The project concerns the installation of five large scale wind farms (capacity between 32 MWe and 64 MWe) geographically dispersed, with a total capacity of c. 240 MWe.
Objectives
The project will support EU and national objectives to increase the proportion of electricity consumption generated from renewable sources in Portugal.
Sector(s)
Proposed EIB finance (Approximate amount)
To be determined.
Total cost (Approximate amount)
EUR 330 million indicatively.
Environmental aspects
The project falls under Annex II of Directive 85/337/EEC (as amended by the Directives 97/11/EC and 2003/35/EC) on Environmental Impact Assessment (EIA). The project is designed to meet all relevant environmental laws and regulation.
http://www.iambiente/IPAMB_DPP/avaliacao/aia_aval.asp
Procurement
Contracts for the implementation of the wind farms included in the project will be tendered in accordance with the relevant EU procurement legislation.
http://ted.europa.eu/
Status
Signed - 12/06/2007
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).