BEWAG – Austrian Wind Power

Promoter – Financial Intermediary

The project promoter is a renewable energy subsidiary of a large Austrian integrated energy utility group that is controlled by the region of Burgenland.

Location

• Austria

Description

The project consists of the construction and operation of six onshore wind parks located in the Austrian Burgenland region.

Objectives

The development of wind power contributes to EU and national renewable energy objectives, as well as Austrian’s economic development.

Sector(s)

• Energy

Proposed EIB finance (Approximate amount)

Up to EUR 200 million

Total cost (Approximate amount)

Up to EUR 335 million

Environmental aspects

All wind farms proposed fall under Annex II of the EIA Directive 85/337/EC. Therefore they can be subject to an EIA on a case by case basis decision or defined criteria set by the competent authority. One wind farm has been screened in during this process, and has undergone an EIA process. The exact EIA status of the remaining schemes will be clarified along with the environmental assessment of all wind farms (including impacts on nature conservation zones and potential cumulative impacts with other wind projects).

Procurement

The promoter is a public undertaking but it is not subject to public procurement procedures in the sense of the EU Procurement Directive 2004/17/EC as the Commission has exempted those public contracts from the procurement directive which are awarded to enable to carry out electricity generation in Austria (decision 2008/585EC of 7th July 2008). The Bank will however ensure that procurement procedures applied ensure an appropriate selection of works, goods and services offered at competitive prices.

Status

Signed - 31/10/2011