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Signature(s)

Amount
€ 120,000,000
Countries
Sector(s)
Finland : € 120,000,000
Education : € 120,000,000
Signature date(s)
16/11/2012 : € 120,000,000
Link to source

Summary sheet

Release date
25 June 2012
Status
Reference
Signed | 16/11/2012
20120163
Project name
Promoter - financial intermediary
UNIVERSITY PREMISES HELSINKI
HELSINGIN YLIOPISTOKIINTEISTÖT
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 120 million
EUR 322 million
Location
Sector(s)
Description
Objectives

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.

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.

Environmental aspects
Procurement

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.

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.

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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).

Documents

Environmental and Social Data Sheet (ESDS) - UNIVERSITY PREMISES HELSINKI
Publication Date
10 Mar 2016
Document language
Main Topic
Lending
Document Number
65180210
Document Focus
Environmental Information
Project Number
20120163
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - UNIVERSITY PREMISES HELSINKI
Publication Date
24 Jan 2020
Document language
Main Topic
Lending
Document Number
79596874
Document Focus
Environmental Information
Project Number
20120163
Sector(s)
Regions
Countries
Publicly available
Download now

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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