Reference: 20150400
Release date: 21 September 2015

Promoter – Financial Intermediary

ENVO BIOGAS TONDER

Location

Description

Construction and operation of a biogas production and upgrading plant in Denmark, with an annual production capacity of approximately 68m m3 of biogas per year (equivalent to ~35m Nm3 of natural gas).

Objectives

The project will contribute to environmental protection and EU and Danish renewable energy objectives targeting the use of animal manure and biomass for natural gas production. The proposed operation is therefore eligible for EIB financing under the EU Treaty Article 309 c) common interest (Protection of environment and energy/renewable energy). It contributes to climate change objectives by reducing direct greenhouse gas emissions from agricultural activity and by substituting the use of natural gas of fossil origin.

Sector(s)

Proposed EIB finance (Approximate amount)

Not disclosed.

Total cost (Approximate amount)

Not disclosed.

Environmental aspects

The project falls under Annex I of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended 2014/52/EU). An EIA was submitted to the competent authority in 2013 which, after completion of the corresponding approval and public consultation process, has granted the integral environmental authorisation to the project in 2014.

Procurement

The promoter has been assessed by the EIB as being a private company active in the utilities sector with no attribution of any exclusive rights and not having a status of a contracting entity, thus not subject to EU rules on public procurement.

However, if after the project appraisal, the EIB were to conclude that the promoter is, after all, subject to EU public procurement legislation (i.e. Directive 2004/17/EC and Directive 2004/18/EC), then the Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 92/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.


Status

Approved - 17/11/2015

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Denmark Energy