Release date: 3 June 2025
Promoter – Financial Intermediary
MUNICIPALITY OF THESSALONIKILocation
Description
The project is a municipal framework loan supporting the implementation of the investment programme of the city of Thessaloniki.
Objectives
The project aims to transform Thessaloniki into a climate-neutral, smart, sustainable, resilient and attractive city, with positive benefits for public health, accessibility and well-being of citizens.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 79 million
Environmental aspects
Where and if applicable, and based on a risk-based approach as defined in the EIB Group Environmental & Social Policy, the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU, Energy Performance of Buildings EU Directive 2010/31/EU Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal.
Procurement
The Bank will require the promoter to ensure that contracts for implementation of the project have been/will be 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