Release date: 10 January 2011
Promoter – Financial Intermediary
The State of Brandenburg
Location
Description
Financing of urban renewal programmes focusing on sustainable development in the State of Brandenburg/Germany.
Objectives
It is foreseen that under this operation the EIB finances the share that the State of Brandenburg contributes to the programmes.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 220 million
Total cost (Approximate amount)
EUR 440 million
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured. Given the scale, location and nature of the sub-projects – demolition, modernising, rehabilitation of social housing and associated social and urban infrastructure, rehabilitation of historical buildings in built-up urban areas and small-scale new construction bringing back into use Brownfield sites – it is unlikely that an EIA would be required in most cases.
Procurement
Compliance with the EU procurement directives and national laws shall be ensured.
Status
Signed - 18/11/2011