Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    The Netherlands : € 75,000,000
    Urban development : € 75,000,000
    Signature date(s)
    14/01/2019 : € 75,000,000

    Summary sheet

    Release date
    16 May 2018
    Status
    Reference
    Signed | 14/01/2019
    20170968
    Project name
    Promoter - financial intermediary
    SFSB LIMBURG SUSTAINABILITY LOANS FOR CITIZENS
    PROVINCIE LIMBURG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 150 million
    Location
    Sector(s)
    Description
    Objectives

    The operation is related to an investment loan to the province of Limburg, in order to co-finance Duurzaam Thuis, a debt fund, established by the province of Limburg, which will on-lend to homeowners and tenants to implement energy efficiency and renewable energy measures in the residential sector. This operation falls under the Smart Finance for Smart Buildings ("SFSB") Initiative, a joint initiative of the EIB Group and the European Commission (EC) aiming at supporting Energy Efficiency investments in buildings.

    The purpose of this project is to make funding available to support housing stock energy-efficiency renovation in Limburg's region, in the Netherlands. These so-called sustainability loans aim to increase the sustainability of houses located in the province of Limburg having as target groups individual homeowners and tenants. The project objectives include, inter alia, the promotion of energy efficiency and renewable in residential buildings.

    Environmental aspects
    Procurement

    The project concerns investments mainly related to energy efficiency and renewable energy sources that are expected to be carried out in existing facilities without changing the already authorised scope and would therefore not require an Environmental Impact Assessment (EIA) under the EIA Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Works related to asbestos removal must be performed in accordance with the existing regulations for asbestos removal and disposal. The Bank's services will nevertheless review during the project appraisal whether any of the investments could fall under Annex II of EIA Directive, as well as any other environmental aspects. The project will contribute to energy efficiency and renewable energy and thus to the reduction of CO2 emissions.

    The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, (2014/24/EU or 2004/18/EC, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC) as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, 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) - SFSB LIMBURG SUSTAINABILITY LOANS FOR CITIZENS
    Publication Date
    18 Jul 2018
    Document language
    Main Topic
    Lending
    Document Number
    83917414
    Document Focus
    Environmental Information
    Project Number
    20170968
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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 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.

    Related publications