Release date: 14 November 2008
Promoter – Financial Intermediary
Kuopio Energia Ltd.
Location
Description
Construction of a new combined heat and power plant unit to replace an older one.
Objectives
The project will install an advanced peat and biomass-fired technology power plant, which will have a lower environmental impact than the old one it replaces.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 60 million.
Total cost (Approximate amount)
Up to EUR 135 million.
Environmental aspects
This new CHP power plant is expected to fulfil the criteria for high-efficiency co-generation set up in Directive 2004/8/EC.
Procurement
The Utilities Directive 2004/17/EC applies to the procurement of the promoter, which is a public undertaking supplying electricity and heat to public networks.
Status
Signed - 29/10/2009
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).