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    Reference: 20230680
    Release date: 27 February 2024

    Promoter – Financial Intermediary

    STADT NUERNBERG

    Location

    Description

    The project will finance the renovation and extension of the New Grammar School Nuremberg (NGN), a secondary school for 1025 students in the City of Nuremberg. It will be implemented by WBG Kommunal GmbH, a public housing construction company of the City of Nuremberg.

    Objectives

    The renovated and extended school building will be designed to enable the implementation of new competence-centred pedagogical concepts and will include a theatre and art and craft rooms, with the aim to foster pupils' acquisition of a wide range of skills. The school is planned as a low-energy building with an energy efficiency above the regulatory requirements. The installation of photovoltaic systems is foreseen on all possible roof surfaces.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 million

    Total cost (Approximate amount)

    EUR 110 million

    Environmental aspects

    Directive 2011/92/EU amended by 2014/52/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, educational facilities may fall under Annex II of the Directive with respect to Urban Development. The Bank's services will verify during appraisal whether an EIA is required by the competent authority. The public buildings will be required to at least meet the energy efficiency targets as defined in Directive 2010/31/EU on the energy performance of buildings and Directive 2012/27/EU on energy efficiency.

    Procurement

    In accordance with the Bank's policy to ensure that the loan complies with the EU acquis, in particular in the fields of public procurement, the Bank will require such intermediary institution to take all requisite measures to ensure that the procurement procedures carried out by the final beneficiary for the project that the Bank finances will comply with the relevant EU legislation and the applicable national legislation, provided that it is in conformity with EU rules.

    Status

    Under appraisal - 30/01/2024

    Milestone
    Under appraisal

    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).

    Related tags

    Germany Education