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

Signature(s)

Amount
€ 80,000,000
Countries
Sector(s)
Germany : € 80,000,000
Composite infrastructure : € 80,000,000
Signature date(s)
29/11/2019 : € 80,000,000

Summary sheet

Release date
31 July 2019
Status
Reference
Signed | 29/11/2019
20180005
Project name
Promoter - financial intermediary
KOMMUNALE WIRTSCHAFTSFOERDERUNG BRANDENBURG
INVESTITIONSBANK DES LANDES BRANDENBURG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 80 million
EUR 190 million
Location
Sector(s)
Description
Objectives

The project consists of a Framework Loan to finance a joint national and federal programme to support public investments in the Federal State of Brandenburg.

The Framework Loan targets promotional grant programmes aimed at improving business-related municipal infrastructure and thus economic development and job creation in the Land Brandenburg through public investments. Being Land Brandenburg an EIB Cohesion Priority Region, the project also supports regional development.

Environmental aspects
Procurement

The project comprises a multi-scheme operation classified as a framework loan and some of the schemes may eventually fall under Annex II of the Environmental Impact Assessment (EIA) Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into the national law. It is a requirement that all schemes must be implemented in compliance with the EU environmental legislation.

Investitionsbank des Landes Brandenburg (ILB), the project promoter, be required to follow the EU public procurement rules (2004/18/EC), including the publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.

Comments

Under Appraisal.

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) - KOMMUNALE WIRTSCHAFTSFOERDERUNG BRANDENBURG
Publication Date
14 Dec 2019
Document language
Main Topic
Lending
Document Number
82850731
Document Focus
Environmental Information
Project Number
20180005
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 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