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    Référence: 20070057
    Date de publication: 27 avril 2007

    Promoteur – Intermédiaire Financier

    Orkuveita Reykjavikur (Reykjavik Energy (RE)).



    Part-financing of the expansion of Hellisheidi Geothermal Power Plant in the south-west of Iceland.


    Electricity generated by the project will be used mainly for industrial purposes, in particular to meet demand from aluminium smelters, as well as for serving commercial and industrial consumers in the Reykjavik area. The project will also generate hot water, which will be carried by pipeline to the Reykjavik area for space heating in the industrial and domestic sectors. The project is in line with the Bank's objectives for supporting renewable energy and the rational use of energy.




    Montant BEI envisagé (montant approximatif)

    Approximately EUR 140 million.

    Coût total (montant approximatif)

    Approximately EUR 280 million.

    Aspects environnementaux

    The project has been subjected to a full Environmental Impact Assessment (EIA) in accordance with national legislation, which is based on EU Directives 85/337 and 97/11 (the project falls under Annex II of Directive 97/11). The EIA has been approved by the Planning Agency after seeking public consultation and the opinions of the relevant competent authorities.

    Passation des marchés

    The procedures employed for awarding works, supplies and services contracts for the various components of the project are in accordance with Icelandic legislation, which is based on the relevant EU Directive (2004/17/EC) and includes the requirement to publish tender announcements in the EC Official Journal. In general, the promoter of this project applies open procedures for works and supply contracts, while specialised services for drilling and engineering services are awarded following negotiated procedures.


    Signé - 16/07/2007

    Clause de non-responsabilité

    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).

    Mots-clés correspondants

    Islande Énergie