Release date: 23 April 2007
Promoter – Financial Intermediary
Associated British Foods plcLocation
Description
Two biofuel plants using sugar syrup (annual capacity of 70 million litres) and wheat (significant scale) as feedstock.
Objectives
The project supports the UK and the EU energy and climate change policy through developing capacity to produce biofuels.
Comments
Agriculture.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 120 million.
Total cost (Approximate amount)
The amount currently under appraisal.
Environmental aspects
Alcohol production is included in Annex II of the EIA Directive. An EIA has been requested and successfully carried out for the Wissington plant. An EIA for the second plant is under preparation and will be reviewed by EIB once completed.
Procurement
Private promoter who is not subject to the Procurement Directives. The procurement will follow procedures applied in the industry.
Status
Signed - 10/12/2007
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).