HYDRO AND WIND POWER IN STYRIA (EIB-20150825)

Countries
  • Austria
Where the impacts of the investment may be experienced.
Specific Location
Graz
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Approved
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
Apr 1, 2017
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
Private Company - undisclosed/tbd
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ EIB website

Updated in EWS May 3, 2017

Disclosed by Bank Jul 28, 2016


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Project Description
According to bank documents, the project is an investment programme for the production and distribution of electricity in Styria, Austria. The electricity generation scheme includes plans to build a 16 MW hydropower plant in the city of Graz and a 39 MW wind farm located in the mountainous region of Deutschlandsberg, together with their grid connection facilities. The electricity distribution part covers extensions and refurbishments of the low- and medium- voltage electricity distribution grid in Styria. The hydropower and wind power plants in the project will contribute to national and EU renewable energy targets.
Investment Description
  • European Investment Bank (EIB)
Contact Information
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