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Signature(s)

Amount
€ 290,951,813.08
Countries
Sector(s)
Sweden : € 290,951,813.08
Urban development : € 290,951,813.08
Signature date(s)
23/10/2017 : € 77,768,560.76
24/04/2015 : € 213,183,252.32
Link to source

Summary sheet

Release date
28 January 2015
Status
Reference
Signed | 24/04/2015
20140611
Project name
Promoter - financial intermediary
NORRKOPING MUNICIPAL INVESTMENTS
MUNICIPALITY OF NORRKOEPING
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
SEK 2750 million
SEK 5500 million
Location
Sector(s)
Description
Objectives

The project concerns the financing of investment schemes forming part of the city of Norrköping´s four-year investment programme from 2015 to 2018. The project is expected to comprise a number of small to medium-sized schemes in the fields of education, childcare and transportation as well as investments in waste and other municipal infrastructure.

The municipality´s long-term investment strategy for 2015-2018 aims at modernising the municipality's basic infrastructure and improving the quality of public services. The plan is based on the Norrköping municipality's Master Plan (joint with the neighbouring city of Linköping) for the years 2010-2030, which includes several components - public transport, street refurbishment, school upgrading, childcare, public spaces, renovation of cultural heritage, reconstruction of social facilities, climate action - to be implemented over the next four years.

Environmental aspects
Procurement

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. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.

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 2004/18/EEC and/or 2004/17/EEC and Directive 2007/66/EC, amending Directives 1989/665/EEC and 1992/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where appropriate.

Link to source
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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) - NORRKOPING MUNICIPAL INVESTMENTS
Publication Date
21 Apr 2015
Document language
Main Topic
Lending
Document Number
58530115
Document Focus
Environmental Information
Project Number
20140611
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - NORRKOPING MUNICIPAL INVESTMENTS
Publication Date
21 Jan 2020
Document language
Main Topic
Lending
Document Number
123825166
Document Focus
Environmental Information
Project Number
20140611
Sector(s)
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 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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