Release date: 3 November 2020
Promoter – Financial Intermediary
BORD NA MONALocation
Description
Construction and operation of an onshore windfarm with a capacity of about 75 MW in the Irish Midlands.
Objectives
The development of wind energy supports EU and national targets for renewable energy generation and contributes to the Bank's renewable energy objectives. The project further contributes to the Bank's priority objectives for climate action.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 106 million
Environmental aspects
The project is fully consented following an environmental impact assessment (EIA) process. The project has no significant negative impact on the integrity of any nature conservation site.
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 (Directive 2014/25/EU), with publication of tender notices in the Official Journal of the EU, as and where appropriate.
Status
Signed - 27/04/2021
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).