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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Spain : € 70,000,000
Energy : € 70,000,000
Signature date(s)
20/12/2018 : € 5,000,000
20/12/2018 : € 65,000,000
Link to source

Summary sheet

Release date
6 June 2018
Status
Reference
Signed | 20/12/2018
20170875
Project name
Promoter - financial intermediary
TALASOL SOLAR PV PLANT
ELLOMAY CAPITAL LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
EUR 226 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project consists of the construction and operation of a solar photovoltaic plant with a total capacity of 300 megawatt-peak (MWp) located in western Spain near the city of Caceres, Extremadura.

This project will enable the construction of a renewable energy plant in a less-developed region in Spain.

Environmental aspects
Procurement

The project grid connection falls under Annex I of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EC. Both the power plant and its grid connection have undergone, in line with local legislation, a full Environmental Impact Assessment which has been submitted to the competent authorities. The environmental permit was issued in November 2014. The Bank will assess the compliance of the authorisation procedure with the relevant EU directives and other environmental aspects of the project during appraisal.

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal the EIB were to conclude that the promoter is after all subject to EU public procurement legislation Directive 2014/23/EU / 2014/24/EU or 2004/18/EC / 2014/25/EU or 2004/17/EC, where applicable, then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation referenced above as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union, as and where required.

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).

Documents

Environmental and Social Impact Assessment (ESIA) - TALASOL SOLAR PV PLANT - TOMO I - Estudio di Impacto Ambiental - Parque Fotovoltaico Talasol Solar
Publication Date
7 Jun 2018
Document language
Main Topic
Lending
Document Number
84806572
Document Focus
Environmental Information
Project Number
20170875
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - TALASOL SOLAR PV PLANT - TOMO III - Estudio di Impacto Ambiental - Parque Fotovoltaico Talasol Solar
Publication Date
7 Jun 2018
Document language
Main Topic
Lending
Document Number
84806801
Document Focus
Environmental Information
Project Number
20170875
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - TALASOL SOLAR PV PLANT - TOMO II - Estudio di Impacto Ambiental - Parque Fotovoltaico Talasol Solar
Publication Date
9 Jun 2018
Document language
Main Topic
Lending
Document Number
80250876
Document Focus
Environmental Information
Project Number
20170875
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - TALASOL SOLAR PV PLANT - Estudio de Impacto Ambiental - TOMO I
Publication Date
9 Sep 2018
Document language
Main Topic
Lending
Document Number
86830450
Document Focus
Environmental Information
Project Number
20170875
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - TALASOL SOLAR PV PLANT
Publication Date
2 Oct 2018
Document language
Main Topic
Lending
Document Number
84019367
Document Focus
Environmental Information
Project Number
20170875
Sector(s)
Regions
Countries
Publicly available
Download now
scoreboard - TALASOL SOLAR PV PLANT
Publication Date
21 Sep 2018
Document Language
English
Main Topic
lending
Document Number
86700409
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20170875
Last update
21 Sep 2018
Sector(s)
Energy
Countries
Spain
Publicly available
Download now

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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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