Release date: 3 February 2016
Promoter – Financial Intermediary
Energiepark Bruck GmbHLocation
Description
Construction and operation of two wind parks and a single wind turbine in the Austrian Federal States of Lower Austria and Burgenland, respectively. The project has a total capacity of 39 MW.
Objectives
The development of wind energy supports EU and national targets for renewable energy generation and contributes to the Bank's renewable energy and energy efficiency objectives. The project further contributes to the Bank's priority objectives for climate action.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 74 million
Environmental aspects
Wind farms generally fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Their authorisation is subject to an EIA following the criteria set by the competent authority. Some turbines are located close to sites of nature conservation interest and also close to other wind farms. Potential impact on sites of nature conservation interest, including cumulative impacts, will be analysed carefully.
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU directives on procurement.
Status
Signed - 2/06/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).