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LUND MUNICIPAL INVESTMENTS

Signature(s)

Amount
€ 217,952,769.63
Countries
Sector(s)
Sweden : € 217,952,769.63
Urban development : € 217,952,769.63
Signature date(s)
28/04/2016 : € 217,952,769.63
Link to source

Summary sheet

Release date
27 October 2015
Status
Reference
Signed | 28/04/2016
20150509
Project name
Promoter - financial intermediary
LUND MUNICIPAL INVESTMENTS
LUNDS KOMMUN
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
SEK 2000 million (EUR 216 million)
SEK 4243 million (EUR 458 million)
Location
Sector(s)
Description
Objectives

The project concerns the financing of investment schemes forming part of the city of Lund's four-year investment programme from 2015 to 2018.

The project is expected to comprise a number of small to medium-sized schemes in the fields of education, childcare and transportation as well as investments in housing and other municipal infrastructure.

Environmental aspects
Procurement

Sweden, as an EU Member State, has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU and 2001/42/EC. The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply the Strategic Environmental Assessment (SEA) Directive (2001/42/EC) and the Environmental Impact Assessment (EIA) Directive (2011/92/EU), as well as the requirements of the Habitats and Birds Directives where appropriate. Compliance with the EU Directive on the Energy Performance of Buildings - recast (2010/31/EU) will be further examined during appraisal.

The Bank will require the promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where appropriate. The details would be reviewed by the Bank's services during 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).

Documents

Environmental and Social Data Sheet (ESDS) - LUND MUNICIPAL INVESTMENTS
Publication Date
5 Feb 2016
Document language
Main Topic
Lending
Document Number
64576149
Document Focus
Environmental Information
Project Number
20150509
Sector(s)
Regions
Countries
Publicly available
Download now

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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 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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