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    Signature(s)

    Amount
    € 350,000,000
    Countries
    Sector(s)
    Germany : € 350,000,000
    Urban development : € 350,000,000
    Signature date(s)
    24/04/2019 : € 50,000,000
    13/12/2016 : € 100,000,000
    28/04/2017 : € 200,000,000

    Summary sheet

    Release date
    29 February 2016
    Status
    Reference
    Signed | 13/12/2016
    20150896
    Project name
    Promoter - financial intermediary
    HESSEN MUNICIPAL INFRASTRUCTURE
    PUBLIC ENTITY(IES), PRIVATE ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 350 million
    EUR 745 million
    Location
    Sector(s)
    Description
    Objectives

    A framework loan in cooperation with WIBank to support Hessen's four-year investment programme 2016 - 2019 in municipal infrastructure, schools, social housing, hospitals and broadband infrastructure.

    The project will contribute to improving quality of life for the inhabitants in the region by investments in public infrastructure.

    Environmental aspects
    Procurement

    Germany, 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 promoter will be responsible for properly applying 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), if relevant to the project, will be further examined.

    The promoter (usually public entities) has to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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) - HESSEN MUNICIPAL INFRASTRUCTURE
    Publication Date
    27 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    66097197
    Document Focus
    Environmental Information
    Project Number
    20150896
    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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    Complaints mechanism

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    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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