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Signature(s)

Amount
€ 270,000,000
Countries
Sector(s)
Austria : € 270,000,000
Urban development : € 270,000,000
Signature date(s)
9/09/2013 : € 120,000,000
15/12/2011 : € 150,000,000
Link to source

Summary sheet

Release date
15 July 2011
Status
Reference
Signed | 15/12/2011
20110056
Project name
Promoter - financial intermediary
Wiener Wohnen Energieeffizienz

The promoter is the city of Vienna’s social housing company, Wiener Wohnen.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 270 million
EUR 550 million
Location
Sector(s)
Description
Objectives

The project concerns schemes to be implemented under the investment programme 2011-2014 comprising the modernisation and rehabilitation of rental social housing with particular focus on energy-efficiency measures.

The project will significantly contribute to the improvement of the urban environment through rehabilitation and upgrading measures of the city’s rental social housing stock. Extensive energy efficiency measures will considerably reduce the housing stock’s energy consumption and improve tenant’s living conditions, as well as create more sustainable neighbourhoods.

Environmental aspects
Procurement

Given the nature, scale and location of the sub-projects – upgrading and rehabilitation of social housing and associated social and urban infrastructure in built-up urban areas – there is no need for an EIA as defined under the EIA Directive 85/337/EC and subsequent revisions.

The promoter, the city of Vienna’s housing company, will be required by the Bank to ensure that contracts for the implementation of the projects are tendered in accordance with the relevant applicable EU procurement legislation with publication of tender notices in the EU Official Journal as appropriate.

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).

Documents

Environmental and Social Data Sheet (ESDS) - WIENER WOHNEN ENERGIEEFFIZIENZ
Publication Date
2 Jan 2014
Document language
Main Topic
Lending
Document Number
42073196
Document Focus
Environmental Information
Project Number
20110056
Sector(s)
Regions
Countries
Publicly available
Download now

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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