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    Signature(s)

    Amount
    € 127,000,000
    Countries
    Sector(s)
    Germany : € 127,000,000
    Urban development : € 127,000,000
    Signature date(s)
    19/12/2014 : € 127,000,000

    Summary sheet

    Release date
    27 February 2014
    Status
    Reference
    Signed | 19/12/2014
    20130684
    Project name
    Promoter - financial intermediary
    OPERNVIERTEL KOELN
    Stadt Koeln
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 135 million
    EUR 270 million
    Location
    Sector(s)
    Description
    Objectives

    The project will concern the rehabilitation of the cultural heritage buildings opera/theatre and urban renewal investments in the surrounding inner city neighbourhoods.

    The project aims at achieving two main objectives: (i) comprehensive rehabilitation and upgrading of the municipal opera and theatre complex which is a preserved cultural heritage building, and (ii) playing a catalytic role in regenerating some of Cologne’s oldest inner city neighbourhoods surrounding the opera/theatre complex.

    Environmental aspects
    Procurement

    Compliance with the relevant EU Directives will be verified during appraisal: EU EIA Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 79/409/EEC. The status of any environmental studies and public consultations related to the urban renewal, rehabilitation and reconstruction investments will be reviewed during project appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during project 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 (Directive 2004/17/EC/ or Directive 2004/18/EC and Directive 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - OPERNVIERTEL KOELN
    Publication Date
    27 Aug 2014
    Document language
    Main Topic
    Lending
    Document Number
    53842619
    Document Focus
    Environmental Information
    Project Number
    20130684
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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