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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Germany : € 250,000,000
Urban development : € 250,000,000
Signature date(s)
31/05/2017 : € 250,000,000
Link to source

Summary sheet

Release date
20 December 2016
Status
Reference
Signed | 31/05/2017
20160642
Project name
Promoter - financial intermediary
DEGEWO WOHNUNGSBAU BERLIN
DEGEWO AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million
EUR 550 million
Location
Sector(s)
Description
Objectives

Financing of an investment programme of retrofitting and new construction of rented social housing by Degewo, the city of Berlin's largest municipal housing company.

Rehabilitation and construction of urban and social infrastructure in Berlin. The housing investments will need to satisfy the applicable EIB eligibility criteria for urban renewal and sustainable communities.

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 2009/147/EC. The status of any environmental studies will be reviewed during project appraisal. Applicable 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 (Directives 2004/18/EC and/or 2004/17/EC 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.

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) - DEGEWO WOHNUNGSBAU BERLIN
Publication Date
9 Jun 2017
Document language
Main Topic
Lending
Document Number
73033069
Document Focus
Environmental Information
Project Number
20160642
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - DEGEWO WOHNUNGSBAU BERLIN
Publication Date
31 Dec 2023
Document language
Main Topic
Lending
Document Number
181330714
Document Focus
Environmental Information
Project Number
20160642
Sector(s)
Regions
Countries
Publicly available
Download now

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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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