Release date: 23 November 2007
Promoter – Financial Intermediary
EDP - Energias de Portugal, S.A.
Location
Description
Construction and operation of a natural gas-fired combined cycle turbine generating plant with a total capacity of around 860 MW.
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 - 27/12/2007
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).