HEMSO ENERGY EFFICIENT SOCIAL INFRASTRUCTURES

Promoter – Financial Intermediary

HEMSOE FASTIGHETS AB

Location

• Sweden

Description

Financing the construction of 17 NZEB buildings for social services in Sweden

Objectives

The project relates to the development of nearly zero-energy buildings schools and elderly care houses and one public research center, located in Sweden, supporting the Swedish strategy for the development of nearly zero-energy buildings (NZEBs).

Sector(s)

• Industry - Construction

Proposed EIB finance (Approximate amount)

SEK 3000 million (EUR 292 million)

Total cost (Approximate amount)

SEK 7030 million (EUR 683 million)

Environmental aspects

Given the relative scale, location and nature of the project in built-up urban areas, all of the buildings are deemed not to have any significant negative environmental or social impact. Exceptionally, a building may fall under Annex II of the EIA Directive 2011/92/EU (as amended by the Directive 2014/52/EU). Through the project, new NZEB buildings, as per the requirements of the Energy Performance of Buildings Directive (EPBD) 2010/31/EU , will be constructed and will, after completion, reduce energy consumption and pollutant emissions compared to the business-as-usual scenario (in compliance with the current regulation). The EPBD requires that from 2019 onwards, all public buildings and from 2021 all buildings will need to be NZEB.

Procurement

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (Directive 2014/24/EU), then the Bank would 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.

Status

Signed - 11/07/2018