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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).

News & Stories

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The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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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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