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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    France : € 500,000,000
    Energy : € 500,000,000
    Signature date(s)
    23/12/2009 : € 500,000,000

    Summary sheet

    Release date
    17 December 2008
    Status
    Reference
    Signed | 23/12/2009
    20070240
    Project name
    Promoter - financial intermediary
    EDF Electricité DOM

    EDF Electricité de France SA

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 400 million.
    EUR 930 million.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a replacement, modernisation and capacity extension program of the electricity generation park in four Départments d’Outre Mer (DOM) of France, Martinique, Guadeloupe, Réunion and Guyana. It concerns 38 oil-fired generation units ranging from 5-40 MWe.

    The purpose of the investments is to comply with new legislation that imposes tighter emission limits as of 2010, meet the electricity demand growth, and guarantee the quality/reliability and security of supply.

    Environmental aspects
    Procurement

    Three project components subject to the Annex I of the EIA Directive 85/337/EEC with its amendments are power plants of Bellefontaine B in Martinique, Point Jarry in Guadelope and Port Est in Reunion. The remainder of the project components consisting of up to 23 power plant sites are subject to Annex II. The detailed EIA screening procedures, EIA procedures, EIA results and required mitigating measures will be reviewed during appraisal. The promoter’s environmental procedures and the project’s possible effects to the protected sites or species will as well be reviewed.

    The promoter is subject to public sector procurement rules of EU legislation on procurement (Directive 2004/17/EC).

    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).

    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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    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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