Search EN menu en EIB GROUP CLIENT PORTAL
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Summary sheet

Release date
12 March 2026
Status
Reference
Under appraisal | 23/07/2025
20250296
Project name
Promoter - financial intermediary
NURMIJARVI MUNICIPAL INFRASTRUCTURE
NURMIJARVEN KUNTA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 110 million
EUR 230 million
Location
Sector(s)
Description
Objectives

The project will finance the Municipality of Nurmijärvi's investments in pre-school, primary, and secondary education facilities, as well as other teaching infrastructure. Approximately 57,000 m² of new or renovated educational space will be created across the city. Additionally, the project will finance a new wastewater treatment plant to replace an outdated facility.

The aim is to improve the quality of education by addressing long-standing infrastructure issues, including indoor air quality problems that have negatively affected pupil performance and the well-being of teachers and staff. Upgrades and renovations will enhance the physical learning environment, generating significant social benefits in both the short and long term, such as improved academic outcomes, better physical and mental health, and better future labour market prospects for students.

Environmental aspects
Procurement

Where and if applicable, and based on a risk-based approach as defined in the EIB Group Environmental and Social Policy, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC and EU Directive on Energy Performance of Buildings will be checked during appraisal.

The Bank will require the Promoter to ensure that contracts for implementation of the Project 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. Information on the Promoter's main suppliers/contractors for the implementation of the envisaged operation is not available at this stage.

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).

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.

Related publications