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    Reference: 20140101
    Release date: 10 December 2014

    Promoter – Financial Intermediary

    FABEGE AB

    Location

    Description

    The project consists of the construction of three new office buildings in the Stockholm region supporting the Swedish strategy for the development of near-zero-energy buildings (NZEB). The buildings will include energy efficiency and renewable energy technologies and will be integrated in a sustainable urban area.

    Objectives

    The project aims to achieve energy savings by accelerating the implementation of state-of-the-art technologies in three commercial buildings.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 99 million

    Total cost (Approximate amount)

    EUR 201 million

    Environmental aspects

    The project is not likely to have any significant environmental and social impact, as it will be integrated in an urban area. The promoter follows best environmental and social practice, and the new buildings proposed for financing will be environmentally certified according to national systems. The Bank will review relevant permits and environmental and social management processes during appraisal, including mitigation/compensation measures to be taken and any potential effects on nature conservation sites.

    Procurement

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Therefore, it is not covered by the EU directives on procurement. The Bank will however ensure that procurement procedures applied by the promoter are in line with the Bank’s Guide to Procurement, i.e. that contracts for the implementation of the project have followed suitable procurement procedures, ensuring an appropriate selection of works, goods and services offered at competitive prices.

    Status

    Signed - 29/09/2015

    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).

    Related tags

    Sweden Services