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

    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Finland : € 100,000,000
    Education : € 100,000,000
    Signature date(s)
    30/06/2020 : € 100,000,000
    Link to source

    Summary sheet

    Release date
    30 September 2019
    Status
    Reference
    Signed | 30/06/2020
    20190251
    Project name
    Promoter - financial intermediary
    LAHTI EDUCATION INFRASTRUCTURE
    LAHDEN KAUPUNKI
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 233 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance a new construction and major renovations of pre-primary education to vocational training infrastructure to be located in different areas of the City of Lahti, the eighth largest city in Finland. Some cultural and sport facilities are also expected to be included in the project.

    The project will contribute to human capital formation and hence the knowledge economy in Finland. It is aimed at upgrading and modernising the pre-primary, primary and secondary schools estate, including facilities for children with special educational needs. The purpose is to improve the learning environment for students and the working conditions for teachers. Additionally, the refurbishments completed as a part of the project aim to improve the energy efficiency of the education infrastructure.

    Environmental aspects
    Procurement

    Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, educational facilities may fall under Annex II of the Directive with respect to Urban Development. The public buildings will be required to at least meet the energy efficiency targets as defined in Directive 2010/31/EU on the energy performance of building and Directive 2012/27/EU on energy efficiency. Social and environmental aspects as well as any issues related to historical and cultural heritage will be verified during the appraisal.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project:have been /will be tendered in accordance with the relevant applicable EU procurement legislation. Directive 2014/24/EU, where applicable, as well as Directive 89/665/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) - LAHTI EDUCATION INFRASTRUCTURE
    Publication Date
    14 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    94586591
    Document Focus
    Environmental Information
    Project Number
    20190251
    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