RENTEL OFFSHORE WIND

Promoteur – Intermédiaire Financier

Otary NV

Lieu

• Belgique

Description

The project involves the design, construction, operation and maintenance of an offshore wind farm of 294 MW, located in the North Sea, 42 km from Ostend harbour, in the Exclusive Economic Zone (EEZ) of Belgium.

Objectifs

The development of offshore wind energy will support EU and national targets for renewable energy generation, and contributes to security of energy supply and environmental objectives. The project will further contribute to the Bank's priority objectives for energy-sector lending related to renewable energy sources and climate action (transversal).

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 300 million

Coût total (montant approximatif)

EUR 1129 million

Aspects environnementaux

By virtue of its technical characteristics the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU, amended 2014/52/EU), where the national authorities have to decide whether an EIA is needed. In this case a full environmental impact assessment was carried out and the environmental permit was granted in 2014. Details of the authorisation process and its compliance with the relevant EU directives, as applicable, will also be assessed during appraisal.

Passation des marchés

The bank will verify at appraisal whether the promoter is subject to EU rules on public procurement.

Statut

Signé - 3/10/2016