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    Reference: 20150689
    Release date: 3 February 2016

    Promoter – Financial Intermediary

    Energiepark Bruck GmbH

    Location

    Description

    Construction and operation of two wind parks and a single wind turbine in the Austrian Federal States of Lower Austria and Burgenland, respectively. The project has a total capacity of 39 MW.

    Objectives

    The development of wind energy supports EU and national targets for renewable energy generation and contributes to the Bank's renewable energy and energy efficiency objectives. The project further contributes to the Bank's priority objectives for climate action.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 40 million

    Total cost (Approximate amount)

    EUR 74 million

    Environmental aspects

    Wind farms generally fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Their authorisation is subject to an EIA following the criteria set by the competent authority. Some turbines are located close to sites of nature conservation interest and also close to other wind farms. Potential impact on sites of nature conservation interest, including cumulative impacts, will be analysed carefully.

    Procurement

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU directives on procurement.

    Status

    Signed - 2/06/2016

    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

    Austria Energy