SOZIALES UND NACHHALTIGES WOHNEN BRANDENBURG

Promoter – Financial Intermediary

LAND BRANDENBURG

Location

• Germany

Description

The projects concerns social housing retrofitting and new construction in the Land Brandenburg.

Objectives

The proposed operation is expected to comprise comprehensive retrofitting and adaption of existing social housing units and possibly some construction or reconstruction of rented social housing. The investments will need to satisfy the EIB’s eligibility criteria for urban renewal and sustainable communities. The housing investments are anticipated to form part of specific local integrated urban development plans (INSEKs/ Integrierte Stadtentwicklungskonzepte). Construction or reconstruction are expected to mostly take place on Brownfield sites.

Sector(s)

• Urban development

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 240 million

Environmental aspects

Compliance with the relevant EU Directives will be verified during appraisal: EU EIA Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 79/409/EEC. The status of any environmental studies and public consultations related to the urban renewal, rehabilitation and (re-)construction investments will be reviewed during project appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during project appraisal.

Procurement

The Bank will require the Borrower to ensure that contracts for the implementation of the project/sub-projects have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC/ or Directive 2004/18/EC and Directive 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 28/10/2014