Release date: 8 September 2011
Promoter – Financial Intermediary
AS Eesti Energia
Location
Description
The project consists of a 220 kt/yr one line waste incineration plant with net energy recovery capacities of 17MW electrical and 50 MW thermal (for district heating).
Objectives
This will be the first waste incineration plant in Estonia. It will reduce the amount of waste that is currently landfilled. Electricity generated at the facility will be delivered to the grid, and heat to the district heating system.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
Approximately EUR 110 million
Environmental aspects
The project falls under Annex 1 of the EIA directive, and accordingly an EIA is required. The EIA process (including public participation) has been completed, and the EIA was approved in October 2007 by the Environmental Board, which is the competent authority.
Procurement
The promoter is a public sector controlled entity and thereby required to follow Utilities Directive 2004/17/EC in the procurement.
Status
Signed - 8/12/2011
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).