Release date: 11 October 2013
Promoter – Financial Intermediary
LAUSITZER UND MITTELDEUTSCHE BERGBAU-VERWALTUNGSGESELLSCHAFT MBHLocation
Description
The project concerns the rehabilitation, stabilisation and remediation of the former lignite mining sites in the Federal States of Brandenburg during the period 2013-2017. The project forsees their return to economic use, including as recreational lakeland.
Objectives
Environmental rehabilitation; Improved management of natural resources.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 570 million
Environmental aspects
The project will support the rehabilitation, recovery and reclamation of Germany’s former lignite mines and it is expected to deliver multiple environmental benefits. Certain activities included in the overall project may require an EIA subject to the judgement of the competent authority, in accordance with Annex II of EIA Directive (2011-92/EU). Where an action may affect a Natura 2000 site (designated according to Habitats Directive 92/43/EEC / Birds Directive 79/409/EEC), the Bank requires the promoter to follow the directives’ procedures as transposed into national law.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (the public procurement Directive 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 10/12/2013
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).