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Reference: 20020617
Release date: 13 June 2003

Promoter – Financial Intermediary

Göteborg Energi AB
PO Box 53
SE-401 20 GÖTEBORG

Location

Description

The project concerns the construction of a gas fired combined cycle co-generation unit – Rya Kraftvärmeverk (Rya CHP plant), a new biomass plant, refurbishment of another biomass plant and ancillary investments in associated district heating co-generation and distribution networks.

Objectives

Investments focus on catering for growing demand by means that include 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 SEK 1.8 bn (EUR 197 m)

Total cost (Approximate amount)

Approximately SEK 3.6 bn (EUR 395 m)

Environmental aspects

The project’s main component falls under Annex II of EU directive 97/11/EC. An environmental impact study has been presented to the Swedish Authorities and all necessary approvals are foreseen by end-June 2003. The cogeneration of heat and electricity will contribute to an improvement in the overall energy efficiency of the Swedish energy system.

Procurement

Procurement procedures applied will be in compliance with EU Directives and national legislation.

Status

Signed - 15/06/2004

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).

Related tags

Sweden Energy