Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20180740
    Release date: 6 April 2020

    Promoter – Financial Intermediary

    UAB IGNITIS GRUPE

    Location

    Description

    The project will finance a 94 MW onshore wind farm located in the northern part of Poland in Pomeranian Voivodship, approximately 50 km from the coastline of the Bay of Gdansk.

    Objectives

    The project will contribute to environmental and security of energy supply objectives. The project is located in a Cohesion priority region. It is therefore eligible under Article 309 (a) projects for developing less-developed regions and (c) common interest. The financing of this project would contribute to the EIB's lending priority policy on social cohesion, renewable energy and climate action.

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    PLN 258 million (EUR 60 million)

    Total cost (Approximate amount)

    PLN 581 million (EUR 134 million)

    Environmental aspects

    Windfarms falls under Annex II of Directive 2011/92/EU (as amended by Directive 2014/52/EU) according to which the Member States shall determine whether the project shall be made subject to an assessment based on defined criteria. According to national legislation, windfarms exceeding certain criteria are subject to a mandatory Environmental Impact Assessment (EIA). This was the case for the project. The environmental studies for the EIA process were undertaken and the competent authorities have granted approval containing requirements to mitigate environmental impacts accordingly. Residual impacts were classified of small magnitude and low significance.

    Procurement

    The project will be operating without exclusive or special rights within the meaning of the EU Utilities Directive 2004/17/EC c.q. 2014/25/EU hence private sector procurement procedures will apply. Equipment and works will be purchased through at least two contracts ?one for supply and installation of turbines, others for infrastructure works (Balance of Plant), electrical works etc.

    Status

    Signed - 9/03/2020

    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

    Poland Energy