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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Germany : € 100,000,000
Energy : € 1,000,000
Urban development : € 17,250,000
Services : € 24,000,000
Industry : € 57,750,000
Signature date(s)
16/12/2016 : € 1,000,000
16/12/2016 : € 17,250,000
16/12/2016 : € 24,000,000
16/12/2016 : € 57,750,000
Link to source

Summary sheet

Release date
7 September 2016
Status
Reference
Signed | 16/12/2016
20160038
Project name
Promoter - financial intermediary
ENERGY EFFICIENT BUILDINGS
undisclosed
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 230 million
Description
Objectives

Investments in energy-efficient modernisation of residential housing and the construction of near-zero energy buildings (NZEB)

This operation supports regional, national and European objectives related to improving energy efficiency and increasing renewable energy generation in the housing sector.

Environmental aspects
Procurement

This operation intends to bring environmental benefits by supporting schemes that reduce energy consumption, increase the use of renewable energies and thus help to mitigate climate change. The individual schemes to be financed are likely to be small and are expected to have a very limited negative environmental impact. The cumulated impact of sub-projects could instead generate important environmental benefits. Given the scale, location and nature of the individual schemes in built-up urban areas, an environmental impact assessment (EIA), as defined in the EIA Directive 2011/92/EU, is not required. The Bank will assess the promoter's capacity and procedures to ensure compliance with national and European environmental and biodiversity regulations as well as its capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally relevant information.

The promoter has been assessed by the Bank as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement. 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 EIB Guide to Procurement or, if applicable, relevant applicable EU procurement legislation (Directive 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 Official Journal of the EU, as and where required.

Link to source

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) - LEG ENERGY EFFICIENT BUILDINGS
Publication Date
22 Nov 2016
Document language
Main Topic
Lending
Document Number
67487845
Document Focus
Environmental Information
Project Number
20160038
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - LEG ENERGY EFFICIENT BUILDINGS
Publication Date
22 Dec 2022
Document language
Main Topic
Lending
Document Number
165312592
Document Focus
Environmental Information
Project Number
20160038
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.
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.

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

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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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