Date de publication: 23 avril 2021
Promoteur – Intermédiaire Financier
PRIVATE ENTITY(IES)Lieu
Description
The operation is an envelope for financing individual private sector investments into geothermal power generation projects in different countries in the East African Rift region. Sub-operations under the envelope will undergo individual project appraisals and be separately approved for Bank financing.
Objectifs
The proposed envelope will allow the EIB to provide financing to several projects implemented by promoters active in the geothermal power sector in the region. Eligible projects will typically include greenfield development and brownfield expansions, with proven geothermal resources. Investments in geothermal energy will help diversify base load renewable electricity supply in the region and contribute to the reduction in greenhouse gas (GHG) emissions compared to fossil-fuel based alternatives, thereby supporting the sustainable economic development of the East African Rift countries.
Secteur(s)
- Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné
Montant BEI envisagé (montant approximatif)
EUR 80 million
Coût total (montant approximatif)
EUR 500 million
Aspects environnementaux
The overall environmental impact and the residual environmental risks of the operation are unknown at this stage and will be assessed at the appraisal of individual projects. Potential adverse impacts for these types of projects include involuntary resettlement, impacts on indigenous peoples, community health, safety and security due to construction activities, working conditions, including worker camps, archaeology and cultural heritage sites, landscape and biodiversity. Gender equality and/or women empowerment will also be assessed where relevant. The Bank will require the Promoter to ensure that implementation of the sub-operations, inclusive of associated power transmission lines, and other associated facilities, will be done in accordance with the Bank's environmental and social policy and standards. Cumulative impacts on project level and the possible need for an overall Strategic Environmental Assessment in a specific region or country will be further assessed.
Passation des marchés
The Bank will require the Promoters to ensure that procurement procedures for the sub-operations follow the Bank's Guide to Procurement.
Statut
Approuvé - 17/06/2021
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).