Release date: 29 February 2016
Promoter – Financial Intermediary
PUBLIC ENTITY(IES), PRIVATE ENTITY(IES)Location
Description
A framework loan in cooperation with WIBank to support Hessen's four-year investment programme 2016 - 2019 in municipal infrastructure, schools, social housing, hospitals and broadband infrastructure.
Objectives
The project will contribute to improving quality of life for the inhabitants in the region by investments in public infrastructure.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 350 million
Total cost (Approximate amount)
EUR 745 million
Environmental aspects
Germany, as an EU Member State, has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU and 2001/42/EC. The promoter will be responsible for properly applying the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. Compliance with the EU Directive on the Energy Performance of Buildings- recast (2010/31/EU), if relevant to the project, will be further examined.
Procurement
The promoter (usually public entities) has to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 13/12/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).