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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Germany : € 80,000,000
    Services : € 80,000,000
    Signature date(s)
    10/11/2020 : € 80,000,000

    Summary sheet

    Release date
    11 January 2021
    Status
    Reference
    Signed | 10/11/2020
    20200603
    Project name
    Promoter - financial intermediary
    VIVAWEST ENERGY EFFICIENT QUARTER
    VIVAWEST GMBH
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 173 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of the Promoter's investment in a new highly energy efficient residential building block in the urban area of Dusseldorf, Germany.

    The present project presents an opportunity to support the accelerated adoption of energy efficient new constructions, in line with the KfW-55 standard and above legal requirements in Germany.

    Environmental aspects
    Procurement

    The individual buildings to be financed are expected to have very limited negative environmental impacts and to generate environmental benefits through greenhouse gas (GHG) emission reductions. Given the scale, location and nature of the buildings in a built-up urban area, an environmental impact assessment (EIA), as defined under the EIA Directive 2014/52/EU amending 2011/92/EU, is not required. The project is in line with the EU Directive (2018/844/EU) amending the 2010 Energy Performance of Buildings Directive (Directive 2010/31/EU) and Directive 2012/27/EU on energy efficiency.

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.

    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) - VIVAWEST ENERGY EFFICIENT QUARTER
    Publication Date
    26 Jan 2021
    Document language
    Main Topic
    Lending
    Document Number
    132184275
    Document Focus
    Environmental Information
    Project Number
    20200603
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    Photogallery

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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.
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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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