Reference: 20190231
Release date: 22 November 2019

Promoter – Financial Intermediary

WPD AG

Location

Description

The project concerns the construction and operation of 4 wind farms for a total capacity of 103MW near Poznan, within the voivodship Wielkopolskie, a cohesion priority region.

Objectives

The development of onshore wind energy supports the EU and national targets for renewable energy generation and contributes to the EIB's renewable energy and energy efficiency objectives. Additionally, this project contributes to the EIB's lending priority objectives on renewable energy, as well as to climate action and social cohesion.

Sector(s)

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

Proposed EIB finance (Approximate amount)

not disclosed

Total cost (Approximate amount)

not disclosed

Environmental aspects

The project has been fully approved following an environmental impact assessment process. With suitable mitigation measures in place, the project is not expected to have a significant negative impact on the integrity of the nearby nature conservation sites.

Procurement

The promoter is a private entity. The project will be operating without exclusive or special rights, hence private sector procurement procedures will apply.

Status

Approved - 15/10/2019

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