Marubeni and Alstom’s corruption records cast new doubts on Croatian coal project, warns new analysis
October 2, 2014
Zagreb — Japan’s Marubeni Corporation and France’s Alstom – who have together been chosen as the preferred bidding consortium for the Plomin C* coal power plant project in Croatia – have a poor integrity record including several convictions for corruption offences which should raise alarm bells and increase vigilance among the Croatian public and potential financiers of the project, according to a new paper by CEE Bankwatch Network, published today.
Extra caution needed for Plomin C coal power plant project due to heightened corruption risks
October 2, 2014
The consortium that has been chosen as the preferred bidder for the controversial Plomin C 500 MW coal power plant project in Croatia consists of the two companies Marubeni and Alstom. Both have been involved in corruption scandals recently that led to sanctions from financing institutions. This briefing offers details on these cases.
New online toolkit to tackle the Kings of Coal in south east Europe and Turkey
May 14, 2014
Last year saw international financial institutions such as the European Investment Bank, the European Bank for Reconstruction and Development and the World Bank falling like dominoes one after the other and announcing in rapid succession that they will halt – almost totally – financing for new coal power plants. These banks were also joined by other institutions such as the US Exim Bank and the Nordic Investment Bank, and governments including the US, UK, Netherlands and Scandinavian countries.
Planned contract for Plomin C coal plant most likely illegal state aid, says legal analysis
May 5, 2014
Zagreb, 05.05.2014 – A planned long-term power purchase agreement in which Croatian electricity company HEP will commit to buying at least 50% of electricity from the planned Plomin C power plant for 20-30 years will most likely be illegal under EU state aid rules, according to a new legal analysis by Hungary’s Environmental Management and Law Association (EMLA).
Legal opinion on the possible financing scheme of Plomin C and its compatibility with EU rules on state aid and public procurement (public summary)
May 5, 2014
This legal analysis argues that the tender arrangement for the Plomin C coal-fired power plant seriously questions the feasibility of the entire investment, not just from an environmental point of view as demonstrated by Zelena Akcija beforehand, but by now also from a competition point of view.
Letter to NEXI regarding potential insurance for Plomin coal power plant investment, Croatia
February 19, 2014
Letter to JBIC regarding potential investment in Plomin coal power plant, Croatia
February 19, 2014
Letter to EDF and Edison regarding Plomin coal power plant
February 18, 2014
This letter was sent both in English (pdf) and French (pdf).
Letter to Marubeni regarding Plomin (February 2014)
February 5, 2014
[Campaign update*] New legal complaint on Plomin C
January 17, 2014
Zelena akcija/Friends of the Earth Croatia has submitted a complaint to the Croatian Constitutional Court as part of its ongoing campaign to prevent the construction of the Plomin C power plant, which would be run on imported coal.
