NEART NA GAOITHE OFFSHORE WINDFARM (EIB-20140189)

Countries
  • United Kingdom
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 16, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
MAINSTREAM RENEWABLE POWER LTD
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 2,483.63 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 2197.00 million
Converted using 2015-09-16 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Aug 21, 2017

Disclosed by Bank Sep 16, 2015


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Project Description
This project finances the construction and operation of a large-size 450MW offshore windfarm of up to 75 turbines, 15km off the coast of Fife, Scotland.
Investment Description
  • European Investment Bank (EIB)
Mainstream Renewable Power Limited, the implementing company for this project, was founded in 2008 and is based in Dublin, Ireland.
Contact Information
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