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    Reference: 20210695
    Release date: 29 June 2022

    Promoter – Financial Intermediary




    Construction and operation of four wind turbines with a total capacity of 16.78 MW in the state of Styria, Austria. The project is an extension to an existing wind farm (Pretul).


    The project contributes to the national renewable energy targets as set out in the final National Climate and Energy Plan, published in December 2019. Austria aims to provide 100% of electricity consumption from renewable energy sources by 2030. The financing of this project also contributes to Bank's lending priority objectives on energy (Renewable Energy) as well as on climate action (transversal).


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

    Proposed EIB finance (Approximate amount)

    EUR 3 million

    Total cost (Approximate amount)

    EUR 21 million

    Environmental aspects

    The environmental and social risks associated with such exposed locations can be higher than for other onshore wind farms.


    The EC has exempted all contracts, which are being awarded to implement electricity generation projects in Austria from the scope of the Utilities Directive 2004/17/EC (EC decision 2008/585/EG). No public procurement is therefore required.


    Signed - 12/07/2022


    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).

    Related tags

    Austria Energy