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    Signature(s)

    Amount
    € 53,700,000
    Countries
    Sector(s)
    Austria : € 53,700,000
    Industry : € 53,700,000
    Signature date(s)
    9/03/2022 : € 23,350,000
    5/08/2024 : € 30,350,000

    Summary sheet

    Release date
    5 May 2020
    Status
    Reference
    Signed | 09/03/2022
    20200165
    Project name
    Promoter - financial intermediary
    AFFORDABLE PASSIVE HOUSE LIVING SPACE INNSBRUCK
    INNSBRUCKER IMMOBILIEN GMBH UND CO KG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 54 million
    EUR 108 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the construction of highly energy efficient social housing units in the city of Innsbruck.

    The affordable housing units will be built using higher energy efficiency standard, therefore expected to reduce energy consumption and greenhouse gas (GHG) emissions.

    Environmental aspects
    Procurement

    It is expected that these housing units will perform at least 20% better than the Nearly-Zero Energy Building (NZEB) standard set by the current Austrian regulation,The project will be aligned with the EU Directive (2018/844/EU) amending the 2010 Energy Performance of Buildings Directive (Directive 2010/31/EU) and Directive 2018/2002/EU amending Directive 2012/27/EU on energy efficiency. During the construction stage, the project implementation may lead to increased noise and vibration level and may affect quality air. Adequate mitigation measures will be implemented together with the enforcement of best practices. The project impacts at construction stage will be reversible and temporary at a level that are deemed acceptable. The EIB will review the environmental and social permitting as well as building permits issuance to ensure compliance with EIB standards.

    The promoter has to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU where applicable, 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 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) - AFFORDABLE PASSIVE HOUSE LIVING SPACE INNSBRUCK
    Publication Date
    26 Nov 2020
    Document language
    Main Topic
    Lending
    Document Number
    130684797
    Document Focus
    Environmental Information
    Project Number
    20200165
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    General enquiries and comments

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    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.

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    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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