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    Signature(s)

    Amount
    € 260,000,000
    Countries
    Sector(s)
    Germany : € 260,000,000
    Composite infrastructure : € 260,000,000
    Signature date(s)
    11/05/2016 : € 260,000,000

    Summary sheet

    Release date
    10 September 2015
    Status
    Reference
    Signed | 11/05/2016
    20150472
    Project name
    Promoter - financial intermediary
    SAB KOMMUNALINFRASTRUKTUR SACHSEN II
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 260 million
    EUR 527 million
    Description
    Objectives

    Framework loan to support public municipal infrastructure focusing on urban renewal and regeneration of city centres, including cultural heritage, housing and energy efficiency.

    The EIB loan, with implementation planned for the 2015-2018 period, will complement the EU- and national grant programmes carried out by Sächsische Aufbaubank (SAB) and dedicated to public beneficiaries in Saxony.

    Environmental aspects
    Procurement

    Germany, as an EU member state, has harmonised its environmental legislation in line with the relevant EU directives. The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply Strategic Environmental Assessment (SEA) Directive 2001/42/EC and Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. Compliance with the EU Directive on the Energy Performance of Buildings (recast) (2010/31/EU), if relevant to the project, will be further examined during appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/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.

    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) - SAB KOMMUNALINFRASTRUKTUR SACHSEN II
    Publication Date
    5 Feb 2016
    Document language
    Main Topic
    Lending
    Document Number
    64575830
    Document Focus
    Environmental Information
    Project Number
    20150472
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SAB KOMMUNALINFRASTRUKTUR SACHSEN II
    Publication Date
    31 Dec 2024
    Document language
    Main Topic
    Lending
    Document Number
    238659367
    Document Focus
    Environmental Information
    Project Number
    20150472
    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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