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

    Signature(s)

    Amount
    € 63,960,429.82
    Countries
    Sector(s)
    Poland : € 63,960,429.82
    Transport : € 18,548,524.65
    Urban development : € 45,411,905.17
    Signature date(s)
    30/06/2022 : € 18,548,524.65
    30/06/2022 : € 45,411,905.17

    Summary sheet

    Release date
    3 February 2022
    Status
    Reference
    Signed | 30/06/2022
    20200859
    Project name
    Promoter - financial intermediary
    ZIELONA GORA MUNICIPAL INFRASTRUCTURE III
    CITY OF ZIELONA GORA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    PLN 300 million (EUR 64 million)
    PLN 714 million (EUR 151 million)
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a multi-annual municipal investment programme of the City of Zielona Gora in Poland. The EIB framework loan will support improvements in the urban transport networks and mobility, education and sport facilities, energy efficiency, environment, cultural and other urban infrastructure and services.

    The proposed municipal framework loan will support eligible schemes coherent with the City of Zielona Gora development strategy. It will contribute to modernisation of municipal public infrastructure and services.

    Additionality and Impact

    The Project will support a multi-sector investment programme of the City of Zielona Góra in the period 2021-2026. The Project will focus on improvements to sustainable urban transport infrastructure by investing in urban roads, public transport, active modes and traffic management, modernisation and improved energy efficiency of public buildings and infrastructure, education, as well as environmental and green infrastructure. The proposed investment programme is well embedded in the City's Development Strategy, Climate Adaptation Strategy, Sustainable Urban Mobility Plan and other targeted sectorial development plans.

    The Project, beyond its contribution to planning-led urban regeneration, will address environmental externalities, social inclusion, deficiencies in sustainable transport, education and climate externalities.

    The City of Zielona Góra is located in Lubusz region, classified as a less developed region, thus, the Project contributes to the EIB Cohesion Priority Regions objective. It is also expected to contribute to the EIB Climate Action and Environmental Sustainability objective.

    The flexible, long-term and attractively priced EIB loan addresses the City's funding needs. It further allows the City to invest its own funds and available EU funding.

    The EIB loan will have significant value-added for Zielona Gora due to: (i) its flexibility, (ii) a tenor that matches the economic life of the assets financed; (iii) grace and availability periods that fit the City's expectations and needs; and (iv) attractive pricing. The financing will also strengthen the funding base of the City.

    Environmental aspects
    Procurement

    The Bank will generally allocate its funds only to eligible schemes which are environmentally sound. All schemes must comply with EU environmental legislation as well as comply with the principles and standards of the Bank's Environmental Policy Statement.

    The Promoter is subject to the public procurement regime. 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: Directive 2014/24/EU, Directive 2014/25/EU, as well as Directive 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU (OJEU), 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) - ZIELONA GORA MUNICIPAL INFRASTRUCTURE III
    Publication Date
    5 Apr 2022
    Document language
    Main Topic
    Lending
    Document Number
    144743724
    Document Focus
    Environmental Information
    Project Number
    20200859
    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