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BELCHATOW ENVIRONMENTAL MODERNISATION

Signature(s)

Amount
€ 220,000,000
Countries
Sector(s)
Poland : € 220,000,000
Energy : € 220,000,000
Signature date(s)
16/06/2005 : € 220,000,000
Link to source
Data sheet
BELCHATOW ENVIRONMENTAL MODERNISATION
Other links
Summary sheet
Belchatow Environmental Modernisation
Related press
EUR 220 million for environmental modernisation of the power plant in Belchatow in central Poland

Summary sheet

Release date
18 March 2005
Status
Reference
Signed | 16/06/2005
20050028
Project name
Promoter - financial intermediary
Belchatow Environmental Modernisation
Elektrownia Belchatow S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 220 million
At least EUR 440 million
Location
Sector(s)
Description
Objectives

The Project focuses on the modernisation of 6 energy production units together with complementary installations, aimed at limitation of pollution.

The modernisation should result in higher levels of energy efficiency and reduced emissions to the atmosphere, therefore resulting in economic and environmental benefits.

Environmental aspects
Procurement

Compliance with EU directives, national legislation and guidelines will be verified during the Bank's appraisal.

Compliance with EU directives, national legislation and guidelines is made a condition for this loan.

Comments

Production of electric energy.

Link to source
Summary sheet
Belchatow Environmental Modernisation
Other links
Data sheet
BELCHATOW ENVIRONMENTAL MODERNISATION
Related press
EUR 220 million for environmental modernisation of the power plant in Belchatow in central Poland

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).

News & Stories

Link to source
Related press
EUR 220 million for environmental modernisation of the power plant in Belchatow in central Poland
Other links
Data sheet
BELCHATOW ENVIRONMENTAL MODERNISATION
Summary sheet
Belchatow Environmental Modernisation

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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