Release date: 7 July 2009
Promoter – Financial Intermediary
ESB – Electricity Supply Board
Location
Description
The project concerns the ESB’s wind investment programme for the period 2009 to 2012. The overall capacity will be 214MW. All development will be on-shore operations.
Objectives
The development of wind energy capacity will contribute to environmental and security of energy supply objectives. Electricity generation from onshore wind farms can produce electricity with substantially lower environmental impacts, particularly GHG emissions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 175 million.
Total cost (Approximate amount)
EUR 362 million.
Environmental aspects
Wind farms fall under Annex II of Directive 85/337/EEC, as amended by Directives 97/11/EC and 2003/35/EC. Thus, the project would be subject to an EIA based on a case-by-case decision or defined criteria set by the competent authorities. The five most advanced projects have all undergone EIA process and have obtained relevant approvals.
Procurement
The promoter is a public undertaking according to the EU Procurement Directive and is following public procurement rules for the purchase of the project works including publication of tenders in the Official Journal of the European Union.
Status
Signed - 28/09/2009
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).