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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Germany : € 200,000,000
Composite infrastructure : € 200,000,000
Signature date(s)
3/12/2013 : € 200,000,000
Link to source

Summary sheet

Release date
5 September 2013
Status
Reference
Signed | 03/12/2013
20130185
Project name
Promoter - financial intermediary
SAB KOMMUNALINFRASTRUKTUR SACHSEN
Sächsische Aufbaubank
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 626 million
Description
Objectives

Framework Loan to support public municipal infrastructure focusing on urban renewal and regeneration of the city centres, including cultural heritage, housing and energy efficiency.

The EIB loan, implementation planned for the 2013-2017 period, will complement the EU- and national grant programmes carried out by Sächsische Aufbaubank (SAB) and dedicated to public beneficiaries in Saxony, which is classified as a Convergence region.

Environmental aspects
Procurement

All schemes should have an overall positive impact on the environment in the urban areas. However, some of the schemes may fall under Annex II of the 2011/92/EU Directive and thus might be subject to an environmental assessment. Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into the national law. All schemes must be implemented in compliance with the EU environmental legislation.

In case of public beneficiaries, the Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC/ or 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Link to source
Other links

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) - SAB KOMMUNALINFRASTRUKTUR SACHSEN
Publication Date
7 Jan 2014
Document language
Main Topic
Lending
Document Number
48692307
Document Focus
Environmental Information
Project Number
20130185
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SAB KOMMUNALINFRASTRUKTUR SACHSEN
Publication Date
27 Jul 2023
Document language
Main Topic
Lending
Document Number
168392264
Document Focus
Environmental Information
Project Number
20130185
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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