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UNIVERSITY PREMISES HELSINKI

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UNIVERSITY PREMISES HELSINKI

  •  Reference: 20120163
  •  Release date: 25 June 2012
Promoter – Financial Intermediary

HELSINGIN YLIOPISTOKIINTEISTÖT

Location
  • Finland
Description

Construction of modern and innovative university premises in the capital area to stimulate and improve learning results, private sector and university co-operation and innovation as well as refurbishment of existing premises for gains in energy efficiency.

Objectives

The project enables the universities to concentrate their activities in up-dated facilities and thus achieve improved usability as well as savings in running costs.

Comments
 
Sector(s)
  • Health, Education
Proposed EIB finance (Approximate amount)

EUR 120 million

Total cost (Approximate amount)

EUR 322 million

Environmental aspects

CO2 Emissions and Energy Efficiency of BuildingsAccording to the Government's Decision in Principle (Policy Objective) from 2015 onwards all the new public buildings will be so called passive houses, i.e. buildings that need extremely little of separate heating or cooling. EU energy directive (2006/32/EU) sets the energy savings target for Finland at 8% for the period 2008-2016.BREEAMThe University aims to achieve an Energy Performance Certificate rating "C" and a BREEAM or LEED rating classification for the Chemicum-building refurbishment. The target is to reach an overall consumption of 190kWh/m² compared to the current overall 425 kWh/m² consumption.Huslab City PlanIn respect to the Meilahti Campus (Huslab-site), a revised land use plan has been approved on the 4th December 2008 by the local authority, Helsinki City Planning Board. Various environmental assessments were carried out. However, according to the decision 2008:11849, no EIA is required. Historical Buildings "Listing" is the formal mechanism by which certain buildings are identified as being of particular historic or architectural interest. In order to carry out renovation and other works in listed buildings, the owner needs to obtain a special authorisation (poikkeuslupa) from the National Board of Antiquities (Museovirasto) and from the City Planning and Real Estate Service (Kaupunginsuunnitteluvirasto) in addition to normal planning permissions.

Procurement

The Helsinki University Facilities Ltd, as a body governed by private law, is not required to comply with national and European legislation governing the procurement of publicly financed projects in Finland. The procedures implemented by the promoter are adequate for the project and acceptable to the Bank.

Status

Signed   -   16/11/2012.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).



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