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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Austria : € 200,000,000
    Energy : € 200,000,000
    Signature date(s)
    29/12/2011 : € 10,000,000
    31/10/2011 : € 190,000,000
    Link to source

    Summary sheet

    Release date
    28 December 2010
    Status
    Reference
    Signed | 31/10/2011
    20100482
    Project name
    Promoter - financial intermediary
    BEWAG – Austrian Wind Power

    The project promoter is a renewable energy subsidiary of a large Austrian integrated energy utility group that is controlled by the region of Burgenland.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 200 million
    Up to EUR 335 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the construction and operation of six onshore wind parks located in the Austrian Burgenland region.

    The development of wind power contributes to EU and national renewable energy objectives, as well as Austrian’s economic development.

    Environmental aspects
    Procurement

    All wind farms proposed fall under Annex II of the EIA Directive 85/337/EC. Therefore they can be subject to an EIA on a case by case basis decision or defined criteria set by the competent authority. One wind farm has been screened in during this process, and has undergone an EIA process. The exact EIA status of the remaining schemes will be clarified along with the environmental assessment of all wind farms (including impacts on nature conservation zones and potential cumulative impacts with other wind projects).

    The promoter is a public undertaking but it is not subject to public procurement procedures in the sense of the EU Procurement Directive 2004/17/EC as the Commission has exempted those public contracts from the procurement directive which are awarded to enable to carry out electricity generation in Austria (decision 2008/585EC of 7th July 2008). The Bank will however ensure that procurement procedures applied ensure an appropriate selection of works, goods and services offered at competitive prices.

    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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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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