Release date: 23 July 2020
Promoter – Financial Intermediary
VASAKRONAN AB (PUBL)Location
Description
Supporting the construction of high energy performing office buildings in Sweden.
Objectives
The project will support the promotion of new nearly zero-energy buildings (NZEB), as per the requirements of the EU Energy performance of buildings directive (EPBD).
Sector(s)
- Services - Real estate activities
Proposed EIB finance (Approximate amount)
SEK 2000 million (EUR 185 million)
Total cost (Approximate amount)
SEK 4530 million (EUR 419 million)
Environmental aspects
The project is not expected to fall under Annex II of the EIA Directive 2014/52/EU amending the 2011/92/EU, provided that the new buildings will be integrated in an urban area. 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 (Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC as amended by 2009/147/EC). Through the project, new NZEB buildings, as per the requirements of the EU Directive (EPBD) 2018/844/EU, amending 2010/31/EU [Article 9(1)], 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.
Procurement
The Promoter has been assessed by the EIB as being a private company not 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 2014/23/EU / 2014/24/EU, then the Bank would require the Promoter ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/23/EU / 2014/24/EU, as well as Directive 92/13/EEC or Directive 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, as and where required.
Status
Signed - 17/06/2020
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).