Release date: 13 May 2008
Promoter – Financial Intermediary
Electrabel S.A.Location
Description
Construction of 2 combined cycle gas-fired units in Lelystadt, 1 combined cycle gas-fired unit in Amercoeur and 1 blast furnace residue gas-fired unit using gas from an Arcelor plant in Ghent.
Objectives
The project aims to contribute to meeting the growing electricity demand and replace older, more polluting generation capacity.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 400 million
Total cost (Approximate amount)
n/a
Environmental aspects
The project components, due to their technical characteristics, fall under Annex I of the EIA-Directive 85/337/EC and amendments, require Environmental Impact Assessments (EIA). EIAs are finalised and permits have been granted by the competent authorities of Belgium and The Netherlands. The details of the EIAs and the results of public consultation and proposed mitigating measures will be reviewed during appraisal.
Procurement
Compliance with the EU procurement directives and national laws shall be ensured.
Status
Signed - 26/11/2008
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).