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Signature(s)

Amount
€ 23,618,257
Countries
Sector(s)
Greece : € 23,618,257
Energy : € 23,618,257
Signature date(s)
19/07/2017 : € 7,365,153
19/07/2017 : € 7,801,721
19/07/2017 : € 8,451,383
Link to source
Data sheet

Summary sheet

Release date
25 August 2016
Status
Reference
Signed | 19/07/2017
20160077
Project name
Promoter - financial intermediary
VIOTIA WIND PARKS
SPECIAL PURPOSE ENTITY(IES)/FUND
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 24 million
EUR 55 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Construction and operation of a 50MW onshore wind park portfolio comprising three wind farms located in the wider Tanagra municipality in Viotia, Greece.

The development of wind energy supports EU and national targets for renewable energy generation and contributes to the Bank's renewable energy and energy efficiency objectives. The project further contributes to the Bank's priority objectives for climate action (transversal).The project is therefore eligible under Article 309 point (a) projects for developing less-developed regions and point (c) common interest (energy/renewable energy).

Environmental aspects
Procurement

Wind farms fall under Annex II of the EIA Directive 2011/92/EU. It is therefore up to the Member State's competent authority to judge whether an individual wind farm requires an EIA or not, based on criteria defined in Annex III of the EIA Directive. The project has been screened-in according to Greek law and each wind farm underwent an individual EIA process. No significant negative impacts were identified. All permits appear to be in place, including an Environmental Terms Approval based on an Environmental Impact Studies. The closest Natura 2000 site (SPA, Oros Parnitha) is ca. 5 km – 10km away from the sub-projects. During appraisal, the authorisation procedure of the project, incl. public consultations, and its compliance with applicable EU Directives (EIA, Habitats and Bird Directives), will be reviewed. If necessary, a Form A/B will be requested from the competent authorities.

The promoter has been assessed by EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (i.e. Directive 2004/17/EC), then the Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 92/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.

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

Non-Technical Summary (NTS) - VIOTIA WIND PARKS
Publication Date
13 Sep 2016
Document language
Main Topic
Lending
Document Number
67724107
Document Focus
Environmental Information
Project Number
20160077
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - VIOTIA WIND PARKS
Publication Date
30 Sep 2016
Document language
Main Topic
Lending
Document Number
68149604
Document Focus
Environmental Information
Project Number
20160077
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - VIOTIA WIND PARKS
Publication Date
21 Jan 2020
Document language
Main Topic
Lending
Document Number
90650486
Document Focus
Environmental Information
Project Number
20160077
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - VIOTIA WIND PARKS - ΜΕΛΕΤΗ ΠΕΡΙΒΑΛΛΟΝΤΙΚΩΝ ΕΠΙΠΤΩΣΕΩΝ - Mougoulios
Publication Date
29 Sep 2020
Document language
Main Topic
Lending
Document Number
64916981
Document Focus
Environmental Information
Project Number
20160077
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - VIOTIA WIND PARKS - ΜΕΛΕΤΗ ΠΕΡΙΒΑΛΛΟΝΤΙΚΩΝ ΕΠΙΠΤΩΣΕΩΝ - Psiloma
Publication Date
29 Sep 2020
Document language
Main Topic
Lending
Document Number
64916697
Document Focus
Environmental Information
Project Number
20160077
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - VIOTIA WIND PARKS - ΜΕΛΕΤΗ ΠΕΡΙΒΑΛΛΟΝΤΙΚΩΝ ΕΠΙΠΤΩΣΕΩΝ - Mavroplagia-Kastro
Publication Date
29 Sep 2020
Document language
Main Topic
Lending
Document Number
64919282
Document Focus
Environmental Information
Project Number
20160077
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

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

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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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