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Signature(s)

Amount
€ 160,982,206.1
Countries
Sector(s)
Sweden : € 160,982,206.1
Composite infrastructure : € 160,982,206.1
Signature date(s)
27/03/2015 : € 160,982,206.1
Link to source

Summary sheet

Release date
7 November 2014
Status
Reference
Signed | 27/03/2015
20130631
Project name
Promoter - financial intermediary
OREBRO MUNICIPAL INVESTMENTS
Municipality of Örebro
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
SEK 1500 million (EUR 162 million)
SEK 3900 million (EUR 421 million)
Location
Sector(s)
Description
Objectives

The project concerns the financing of investment schemes forming part of the city of Örebro’s four-year investment programme from 2014 to 2017. The project is expected to comprise eight small to medium-sized schemes in the fields of education, childcare and municipal housing, municipal infrstructure as well as investments in wastewater treatment.

The municipality's long-term investment strategy for 2014-2017 aims at modernising the municipality's basic infrastructure and improving the quality of public services.

Environmental aspects
Procurement

This operation supports projects that help to mitigate climate change. Sweden, 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 Bank’s appraisal will focus on the promoter’s environmental management capacity to properly apply 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) will be further examined during appraisal.

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. 2004/18/EEC or 2004/17/EEC 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) - OREBRO MUNICIPAL INVESTMENTS
Publication Date
6 Feb 2015
Document language
Main Topic
Lending
Document Number
57357010
Document Focus
Environmental Information
Project Number
20130631
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - OREBRO MUNICIPAL INVESTMENTS
Publication Date
25 Jan 2020
Document language
Main Topic
Lending
Document Number
123815583
Document Focus
Environmental Information
Project Number
20130631
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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