LUXEMBOURG NEW CFL HEADQUARTERS

Promoter – Financial Intermediary

SOCIETE NATIONALE DES CHEMINS DE FER LUXEMBOURGEOIS

Location

• Luxembourg

Description

The loan will support urban regeneration in Luxembourg City by renovating and extending the protected buildings hosting the headquarters of the Luxembourgish railways (CFL - CHEMINS DE FER LUXEMBOURGEOIS).

Objectives

The project is in line with the objectives of the New EU's Leipzig Charter, the EU Urban Agenda as presented in the Pact of Amsterdam of May 2016, as well as the Paris Declaration on heritage as a driver of development adopted in 2011. The project will also contribute to urban regeneration and development, in line with the EIB Urban Lending Review (CA/496/16), which includes public building regeneration and upgrades.

Sector(s)

• Urban development - Construction

Proposed EIB finance (Approximate amount)

EUR 105 million

Total cost (Approximate amount)

EUR 213 million

Environmental aspects

The compliance with the relevant EU Directives will be verified during appraisal: Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, SEA Directive 2001/42/EC, Habitats Directive 92/43/EEC, Birds Directive 2009/147/EC, Urban Wastewater Treatment Directive (91/271/EEC), Energy Performance of Buildings Directive EU/2010/31 and the Energy Efficiency Directive EU/2023/1791, both revised in 2023.

Procurement

The promoter has to ensure that contracts for implementation of the project are tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/EU as well as 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.

Status

Under appraisal - 31/01/2024