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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Belgium : € 300,000,000
    Energy : € 300,000,000
    Signature date(s)
    3/10/2016 : € 50,000,000
    3/10/2016 : € 250,000,000
    Link to source

    Summary sheet

    Release date
    14 December 2015
    Status
    Reference
    Signed | 03/10/2016
    20150619
    Project name
    Promoter - financial intermediary
    RENTEL OFFSHORE WIND
    Otary NV
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 1129 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project involves the design, construction, operation and maintenance of an offshore wind farm of 294 MW, located in the North Sea, 42 km from Ostend harbour, in the Exclusive Economic Zone (EEZ) of Belgium.

    The development of offshore wind energy will support EU and national targets for renewable energy generation, and contributes to security of energy supply and environmental objectives. The project will further contribute to the Bank's priority objectives for energy-sector lending related to renewable energy sources and climate action (transversal).

    Environmental aspects
    Procurement

    By virtue of its technical characteristics the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU, amended 2014/52/EU), where the national authorities have to decide whether an EIA is needed. In this case a full environmental impact assessment was carried out and the environmental permit was granted in 2014. Details of the authorisation process and its compliance with the relevant EU directives, as applicable, will also be assessed during appraisal.

    The bank will verify at appraisal whether the promoter is subject to EU rules on public procurement.

    Link to source
    Summary sheet

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - RENTEL OFFSHORE WIND
    Publication Date
    28 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    66163297
    Document Focus
    Environmental Information
    Project Number
    20150619
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - RENTEL OFFSHORE WIND
    Publication Date
    15 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    135191410
    Document Focus
    Environmental Information
    Project Number
    20150619
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - RENTEL OFFSHORE WIND - Link to website for ESIA documentation
    Publication Date
    1 Oct 2016
    Document language
    Main Topic
    Lending
    Document Number
    69824058
    Document Focus
    Environmental Information
    Project Number
    20150619
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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.

    Zero tolerance against fraud and corruption

    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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