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Signature(s)

Amount
€ 350,000,000
Countries
Sector(s)
Denmark : € 126,000,000
Spain : € 224,000,000
Industry : € 350,000,000
Signature date(s)
11/02/2021 : € 50,000,000
30/11/2020 : € 54,000,000
11/02/2021 : € 72,000,000
11/02/2021 : € 78,000,000
30/11/2020 : € 96,000,000
Link to source

Summary sheet

Release date
7 December 2020
Status
Reference
Signed | 30/11/2020
20200376
Project name
Promoter - financial intermediary
WIND TECHNOLOGY RDI
SIEMENS GAMESA RENEWABLE ENERGY SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 350 million
EUR 601 million
Location
Sector(s)
Description
Objectives

The project comprises the Promoter's research, development and innovation (RDI) activities in the field of on-shore wind power generation technologies and related services, carried out primarily in Spain and, to a minor extent, in Denmark in the period 2020-23.

The project supports investment in innovation and skills and promotes climate action.

Environmental aspects
Procurement

The project activities do not fall under any of the annexes of the Directive 2014/52/EU amending the EIA Directive 2011/92/EU; moreover, they are expected to be carried out in existing facilities already authorised that will not change their scope due to the project. As such, it is unlikely that the local environmental competent authorities will require an environmental impact assessment (EIA) for the project. However, the environmental details will be assessed during the appraisal.

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to EU public procurement legislation, then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.

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) - WIND TECHNOLOGY RDI
Publication Date
1 Oct 2020
Document language
Main Topic
Lending
Document Number
130609485
Document Focus
Environmental Information
Project Number
20200376
Sector(s)
Regions
Countries
Publicly available
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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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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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