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THANET OFFSHORE WINDFARM

Signature(s)

Amount
€ 171,801,626.39
Countries
Sector(s)
United Kingdom : € 171,801,626.39
Energy : € 171,801,626.39
Signature date(s)
9/11/2011 : € 171,801,626.39
Link to source

Summary sheet

Release date
2 February 2010
Status
Reference
Signed | 09/11/2011
20070206
Project name
Promoter - financial intermediary
Thanet Offshore Windfarm
Vattenfall AB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
GBP 450 million
GBP 900 million
Location
Sector(s)
Description
Objectives

The project involves studies, design, construction and operation of a large-size offshore wind farm (300 MW) to be implemented within the North Sea 12-sm zone of Great Britain.

It aims at enabling the UK to achieve its ambitious target of electricity consumption based on renewable energy sources in 2020.

Environmental aspects
Procurement

By virtue of its technical characteristics the project is classified as an Annex II-project according to the EIA-Directive 85/337/EEC, as amended. National legislation requires a full EIA including public consultation for offshore wind farms. A comprehensive EIA was conducted including a detailed biodiversity assessment, covering marine and terrestrial habitat, mammals, birds, fish and benthic fauna. The approval was granted by the competent authority following extensive public consultation.

The promoter is not subject to EU procurement directives (Utilities Directive 2004/17) for the purchase of the project’s equipment as the concession to build an offshore wind farm was granted following a competitive tender (Round 2) launched by the UK government.

Link to source

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).

News & Stories

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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