Release date: 20 July 2020
Promoter – Financial Intermediary
WINDKRAFT SIMONSFELD AGLocation
Description
The project comprises the implementation and operation of three wind farms in Lower Austria, totalling up to 80 MW.
Objectives
The development of wind energy supports EU and national targets for renewable energy generation and contributes to the Bank's renewable energy 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 63 million
Total cost (Approximate amount)
EUR 84 million
Environmental aspects
The authorisation of all three wind farms was subject to an environmental impact assessment (EIA) process. Permit amendment processes are ongoing at the time of appraisal. Some turbines are located close to sites of nature conservation and also close to other wind farms.
Procurement
The European Commission has exempted all contracts which are being awarded to implement electricity generation projects in Austria from the scope of the Utilities Directive. No public procurement is required.
Status
Signed - 25/06/2020
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).