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Summary sheet

Release date
16 July 2025
Status
Reference
Under appraisal | 10/06/2025
20250170
Project name
Promoter - financial intermediary
HEMSOE ENERGY EFFICIENT PUBLIC BUILDINGS
HEMSOE FASTIGHETS AB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 341 million
Location
Sector(s)
Description
Objectives

The project will finance the construction and renovation of energy efficient schools and other public buildings in Sweden, Finland and Germany.

The Energy Performance of Building Directive (EPBD) requires that from 1st January 2028 new buildings owned by public bodies are zero-emission buildings (ZEB). The project, by supporting energy efficient renovations and new buildings that have a significantly better energy performance than the current regulation will prepare this transition.

Environmental aspects
Procurement

Given the relative scale, location and nature of the project in built-up urban areas, all of the buildings are deemed not to have any significant negative environmental or social impact. None of the buildings to be constructed falls under Annex II of the environmental impact assessment (EIA) Directive 2011/92/EU (as amended by the Directive 2014/52/EU). Through the project, new energy efficient buildings, as per the requirements of the Energy Performance of Buildings Directive (EPBD) 2010/31/EU as amended by directive EU-2024-1275, 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).

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation then the EIB will require the promoter to apply those rules. Each building construction contract has been awarded separately. Contractors are local companies, usually mid-caps.

Milestone
Under appraisal
Link to source

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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