Release date: 3 September 2015
Promoter – Financial Intermediary
NEOENLocation
Description
Construction of a set of 25 projects of 12 MW, totaling 300MW. The project is located in the town of Cestas, in the Aquitaine region.
Objectives
The project contributes to national and European targets for renewable energy production and thus to European Union objectives in terms of action against climate change and for the security and sustainability of energy supply.
Comments
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 56 million
Total cost (Approximate amount)
EUR 352 million
Environmental aspects
The project is expected to have limited environmental impact during construction and operation. An environmental impact assessment (EIA) has been performed. The Bank will review the EIA during appraisal, including a verification of compliance with national and EU environmental and biodiversity regulations.
Procurement
The promoter is a private company not operating in the utilities sector and in principle not having the status of a contracting authority. It would thus not be covered by EU directives on procurement.
Status
Approved - 2/10/2015
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).