FRAMEWORK LOAN FOR RENEWABLE INVESTMENTS

Promoteur – Intermédiaire Financier

PPC RENEWABLES SA

Lieu

• Grèce

Description

Multi-component investment programme comprising several sub-projects of (i) wind farms as well as (ii) small hydropower plants geographically dispersed throughout mainland Greece and the islands

Objectifs

The main purpose of the project is to increase energy generation in Greece through the development of renewable energy sources (onshore wind plants and small hydropower plants).

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 85 million

Coût total (montant approximatif)

EUR 114 million

Aspects environnementaux

In accordance with the Bank's policy to ensure that sub-projects comply with the EU acquis, in particular in the field of the environment, the Bank will require PPCR, the promoter, to take all the requisite measures to ensure that the environmental procedures carried out by the final beneficiaries for the sub-projects that the Bank finances comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with EU rules.

Passation des marchés

The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU or 2014/25/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC), as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Statut

Signé - 20/12/2017