Release date: 16 December 2008
Promoter – Financial Intermediary
ENBW Energie Baden-Württemberg AG
Location
Description
Construction and operation of Germany’s first commercial offshore wind farm. It comprises up to 21 turbines, each with a power of 2.5 MWe. The project is located in the Baltic Sea, 16 km off the German coast (close to the municipalities of Zingst and Prerow), at a water depth of between 16-19 metres. The overall project area is 7 km2.
Objectives
The project aims to contribute to the targeted increase of the share of electricity from renewable energy sources in Germany to 20% by 2020 and to 50% by 2050.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of project cost.
Total cost (Approximate amount)
Indicatively estimated to be around EUR 150 million
Environmental aspects
The project falls under Annex II of EIA-Directive 85/337/EEC (amended by 97/11/EC and 2003/35/EC) concerning the Environmental Impact Assessment (EIA). The Bank will review the followed environmental procedures, including the result of possible EIAs, mitigating measures to be taken and any effects on nature conservation sites (Habitats Directive 92/43/EEC and Natura 2000).
Procurement
Compliance with the EU procurement directives and national laws shall be ensured.
Status
Signed - 4/03/2011
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).