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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Ireland : € 200,000,000
Energy : € 200,000,000
Signature date(s)
28/09/2009 : € 200,000,000
Link to source

Summary sheet

Release date
7 July 2009
Status
Reference
Signed | 28/09/2009
20080712
Project name
Promoter - financial intermediary
ESB Renewable Programme

ESB – Electricity Supply Board

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 175 million.
EUR 362 million.
Location
Sector(s)
Description
Objectives

The project concerns the ESB’s wind investment programme for the period 2009 to 2012. The overall capacity will be 214MW. All development will be on-shore operations.

The development of wind energy capacity will contribute to environmental and security of energy supply objectives. Electricity generation from onshore wind farms can produce electricity with substantially lower environmental impacts, particularly GHG emissions.

Environmental aspects
Procurement

Wind farms fall under Annex II of Directive 85/337/EEC, as amended by Directives 97/11/EC and 2003/35/EC. Thus, the project would be subject to an EIA based on a case-by-case decision or defined criteria set by the competent authorities. The five most advanced projects have all undergone EIA process and have obtained relevant approvals.

The promoter is a public undertaking according to the EU Procurement Directive and is following public procurement rules for the purchase of the project works including publication of tenders in the Official Journal of the European Union.

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).

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