AMFILOCHIA PUMPED HYDRO STORAGE (PHS)

Promoteur – Intermédiaire Financier

TERNA ENERGY INDUSTRIAL COMMERCIAL AND TECHNICAL SA

Lieu

• Grèce

Description

Construction and operation of a pumped hydro storage (PHS) plant, with electricity generating capacity of 680 MW, located in Amfilochia, Western Greece.

Objectifs

The aim is to increase the efficiency, flexibility, reliability and security of energy supply, facilitate the integration of RES and ultimately, accelerate decarbonisation.

Secteur(s)

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

Montant BEI envisagé (montant approximatif)

EUR 120 million

Coût total (montant approximatif)

EUR 685 million

Aspects environnementaux

The project falls under Annex I of the Environmental Impact Assessment (EIA) directive 2011/92/EU as amended by Directive 2014/52/EU. The Environmental Impact Assessment (EIA) was completed and approved in January 2018, while the construction permit was issued in October 2022. These aspects will be further examined and confirmed during appraisal. Where and if applicable, the requirements of the Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be verified during appraisal.

Passation des marchés

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation then the Bank would duly inform the Commission Services and would require the promoter to apply those rules.

Statut

À l'examen - 21/11/2023