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    Reference: 20200471
    Release date: 3 January 2022

    Promoter – Financial Intermediary

    HRVATSKA ELEKTROPRIVREDA DD

    Location

    Description

    The project relates to the construction and operation of a number of renewable energy projects (onshore wind and solar photovoltaic (PV)) in Croatia.

    Objectives

    The development of renewable 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 63 million

    Total cost (Approximate amount)

    EUR 85 million

    Environmental aspects

    Permits are in place for all sites, following full environmental impact assessment (EIA) processes or have been screened out by the competent authorities, in line with relevant national legislation. Compliance with relevant EU Directives and EIB environmental and social (E&S) standards need to be confirmed during appraisal.

    Procurement

    The Promoter has to ensure that any procurement procedures have been done in accordance with the relevant applicable EU public procurement rules as transposed into the national legislation. In particular, the Bank will require that calls for international tenders be published in the Official Journal of the EU, as necessary.

    Status

    Signed - 27/12/2021

    Related tags

    Croatia Energy