Release date: 3 April 2003
Promoter – Financial Intermediary
E.ON Energie AG, Munich (EONE).Location
Description
The project forms part of a comprehensive 2-year investment programme aiming at energy efficiency enhancements and state-of-the-art energy management in electricity production including renewables and distribution, also including relevant R&D activities.
Objectives
Investments focus on a more rational use of energy under environmentally sound conditions. This has been in particular triggered by technical progress and strengthened environmental requirements.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 300 million
Total cost (Approximate amount)
About 1000 million
Environmental aspects
The depth of environmental analysis for the various - in general small to medium size scale - schemes will vary depending on their individual technical characteristics Some larger transmission and natural gas fired schemes might require a formal EIA to be carried out.
Procurement
The energy produced goes mainly to the public network and therefore the relevant EU procurement directives will apply.
Status
Signed - 10/06/2003
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).