Release date: 13 April 2010
Promoter – Financial Intermediary
Lahti Energia
Location
Description
The project consists of two new circulating fluidised bed (CFB) gasifiers, fuel handling and storage, product gas cooling and cleaning systems, boiler, flue gas cleaning and steam turbine power plant, capable of producing 50 MW electricity and 90 MW of heat.
Objectives
The new plant will produce electricity and heat, and will partly replace an existing coal-fired combined heat and power (CHP) plant.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 million.
Total cost (Approximate amount)
EUR 160 million.
Environmental aspects
The project falls under Annex 1 of the EIA directive, and accordingly a full EIA is required. Use of waste fuel brings the main environmental benefits of the project. The project will reduce the amount of waste that is landfilled and it will provide a waste recovery route instead of existing disposal route.
Procurement
The promoter is a public sector controlled entity and thereby required to follow Utilities Directive 2004/17/EC in the procurement. Electricity generation and sales activities in Finland have been exempt from this directive by the decision 2006/422/EC.
Status
Signed - 3/09/2010
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).