Today, 2 June 2008, the European Investment Bank (EIB) inaugurated its new building on a site next to its existing headquarters on the Kirchberg plateau in Luxembourg. Both restrained and innovative, and designed entirely with environmental considerations in mind, this building substantially increases the work space of the EIB, the EU’s financing institution, enabling it to accommodate the whole of its staff on a single campus.
The opening ceremony was graced by the presence of H.R.H the Grand Duke of Luxembourg, along with the Governors of the EIB, the EU’s Finance Ministers. Speakers included Jean-Claude Juncker, Prime Minister and Finance Minister of the Grand Duchy of Luxembourg, José Manuel Barroso, President of the European Commission, and Andrej Bajuk, Slovenia’s Finance Minister and current President of the Economic and Financial Affairs Council, who together described the EIB’s ever-growing role in the process of European integration, highlighting the importance of its action to promote European projects and congratulating it on this architectural achievement.
In his address, EIB President Philippe Maystadt briefly enumerated the milestones in the institution’s history since its creation in 1958. He looked back on its establishment in the Place de Metz in Luxembourg in 1968, then the move in 1980 to its current headquarters in Kirchberg in a “modern” and “solidly constructed” building. Along with these still relevant criteria the President stressed the importance of “transparency” and “respect for the environment”. He recalled that the brief given to participants in the architects-designers competition at the launch of the new building project was to deliver a building that was unostentatious, functional, transparent and environmentally friendly, going on to say: “Now, what could characterise the EIB better as it celebrates its 50th anniversary than the combination of solidity symbolised by the West Building and the transparency of the East Building, along with the constant attention to environmental considerations?”
A building for the future
Environmental and energy concerns were key to the design of the building by the architect Christoph Ingenhoven (Düsseldorf) and its construction by CFE-Vinci (Brussels, Paris).
The glass shell enveloping the whole building makes maximum use of natural light. Winter gardens and atria provide thermal insulation and natural ventilation, keeping energy consumption and emissions to a minimum. The building complies with the most stringent environmental standards, even exceeding legal requirements. It is the first building in continental Europe and one of the first in the world to be awarded the UK’s BREEAM Bespoke “high environmental quality” certification with the rating “very good”.
In this way the building reflects the priorities of the EIB, which earmarks a substantial part of its lending for projects aimed at improving or protecting the environment and especially provides backing for projects that help to combat global warming.
The EIB’s new East Building is located at 98 boulevard Konrad Adenauer. Backing on to the “Bons Malades” valley, it forms a continuum with the Bank’s existing headquarters in the “North European District” of Kirchberg in Luxembourg. With its 72 500 m² of work space it can house up to 750 staff.
This ceremony marks the end of a three-year project drawing on the experience and know-how of 238 companies partnering the EIB, including first and foremost: Ingenhoven Architekten (Düsseldorf), Olivi & Rodrigues (Luxembourg), Soludec (Luxembourg), CFE-Vinci (Belgium/France), Jacobs France-Paul Wurth (France/Luxembourg) and Secolux (Luxembourg).
For further information about the building:
“EIB New Building: Partners and Key Facts and Figures” [DE], [EN], [FR]
“EIB East Building: A building for the future” [DE], [EN], [FR]
“The EIB Group’s New Building: Internal climate and environment” [EN], [FR]
A €280 million loan granted to ArcelorMittal by the European Investment Bank (EIB) backed by the Investment Plan for Europe will help to fund the group’s European research and development programme between 2021 and 2023.
Today at Web Summit 2020, the EIB and Spire Global, a company with the world’s largest multi-purpose constellation of satellites announced a venture debt financing agreement of up to €20 million. The financing will back capital expenditure and research and development (R&D) activities to further develop Spire’s constellation of small satellites and high-quality maritime, aviation and weather space data and analytics. It will also back the development of new software applications for customers and create high-skilled jobs in Luxembourg. The transaction follows the EIB’s commitment to strengthen support for European space start-ups and cooperate with space agencies such as the European Space Agency (ESA). It is backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe.
The new EIB report, Going Green – Who is investing in energy efficiency, and why it matters, sheds light on firms’ investments in energy efficiency measures and the role of various factors in their decisions. The report is based on the annual EIB Investment Survey (EIBIS) of 12 500 firms in the EU. The results are compared across countries (EU and USA), sectors and firm size classes to identify areas for potential improvement.