| Project Detail |
The project concerns the implementation and operation of a 62,8 MW wind farm in Spannberg / Lower Austria.
Objectives
The main goal is to reduce carbon and air pollution emissions, which are externalities that the market fails to address. The wind farm will also foster the integration of new, variable renewable generation technologies in the market. Therefore, the EIBs loan will fill the unmet demand of projects developing new renewable capacity, including those with market-exposed structures and instruments.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 77 million
Total cost (Approximate amount)
EUR 103 million |
