Andalucia Wind Power Project

Promoteur – Intermédiaire Financier

Energia y Recursos Ambientales & Grupo Inverduero

Lieu

• Espagne

Description

A wind power project of 242 MW plant capacity composed of eight wind farms in the Spanish regions Andalucía and Castilla La Mancha.

Objectifs

The development of renewable energy sources is a priority of the EU. The EU Council adopted a binding target of 20% share of renewable energies in overall EU energy consumption by 2020 and the project contributes to this objective. The development of renewable energy contributes to several key objectives of the EU: security of supply, environment, particularly fight against climate change and international competitiveness (to put EU industry at the forefront of the rapidly growing low-carbon technology sector). Additionally, the investments included in the operation are located in a Convergence region.

Secteur(s)

• Énergie

Montant BEI envisagé (montant approximatif)

Up to EUR 190 million.

Coût total (montant approximatif)

Estimated to be around EUR 380 million.

Aspects environnementaux

The project’s compliance with all applicable national and EU environmental legislation will be verified during appraisal.

Passation des marchés

Procurement in line with EIB guidelines for private sector projects.

Statut

Signé - 20/05/2009