Release date: 23 October 2017
Promoter – Financial Intermediary
WINDKRAFT SIMONSFELD AGLocation
Description
Construction and operation of three wind parks in the Austrian Federal State of Lower Austria. The project has a total capacity of 39MW.
Objectives
The development of wind energy supports EU and national targets for renewable energy generation and contributes to the Bank's renewable energy and energy efficiency objectives. The project further contributes to the Bank's priority objectives for climate action.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 48 million
Total cost (Approximate amount)
EUR 65 million
Environmental aspects
Wind farms generally fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Here, authorisation of both wind farms was subject to an EIA. Some turbines are located close to sites of nature conservation interest.
Procurement
The promoter is a private company operating in a liberalised market. It is therefore not covered by EU directives on procurement.
Status
Signed - 28/12/2017
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).