Project description and objectives:
|
First MPF consisted in a USD 50 million multi-project facility (MPF) signed in
November 1996 with Dalkia, the energy-services arm of Véolia Environnement,
with the aim of establishing companies providing energy services with a view
to improving energy efficiency in the EBRD's countries of operations.
After an extension of EUR 100 million in 2001, a further extension of EUR 150
million is to be considered by the Board in its meeting of 15th November 2005.
|
Sub-projects:
|
- Dalkia Poznan District Heating Privatisation
- Dalkia Termika II - Poland
- Dalkia Prometheus III
- Dalkia Termika III - Poznan Cogeneration Privatisation
- Dalkia Litesko II
- Dalkia Prometheus IV
- Dalkia Lodz Cogeneration Privatisation
- Dalkia Lodz additional financing
|
Transition impact:
|
The MPF supports and facilitates the private provision of energy services in
the EBRD's countries of operations; thus it contributes to introducing more
efficient management skills and to address the urgent need for energy
efficiency throughout the region.
|
The client:
|
Dalkia, part of Véolia Environnement, has been developing its energy service
activities for more than 60 years. It is one of the world's leading thermal
management and energy service companies.
|
EBRD finance:
|
Estimated EUR 450 million over the next five years.
|
Total project cost:
|
The MPF’s investment programme indicates a total investment requirement of EUR
250 million over the next five years.
|
Environmental impact:
|
The facility has been classified as C/1, requiring an assessment of Dalkia's
corporate environmental management policies and procedures. Dalkia is required
to implement the Bank’s Environmental Procedures for Multi-Project Facilities
which require Dalkia to conduct environmental due diligence on all project
companies to be financed through the Facility. Depending on the nature of the
project company, this may include environmental audits, environmental analyses
or, in the case of new developments, EIAs. Project companies will be
structured to meet national environmental, health, safety and labour standards
and EU environmental requirements. A summary of the due diligence undertaken
and any proposed mitigation measures (such as Environmental Action Plans) will
be provided to the Bank prior to EBRD's commitment to invest in each project
company. In addition, annual environmental reports will be submitted to the
Bank on the environmental status of all project companies.
|
Technical cooperation:
|
None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
|
Company contact:
|
|
EBRD contact:
|
Francois Gaudet, Operation Leader: gaudetf@ebrd.com
|
Business opportunities:
|
For business opportunities or procurement, contact the client company.
|
General enquiries:
|
EBRD project enquiries not related to procurement: Tel: +44 20 7338 7168; Fax: +44 20 7338 7380 Email: projectenquiries@ebrd.com
|